Part II explains the current role of blue sky laws in regard to capital-formation regulation.
8) By the time Congress passed the federal Securities Act of 1933 (the 1933 Act), forty-seven of the forty-eight states as well as the then-territory of Hawaii had adopted blue sky laws.
Blue sky laws have an important role in the governance of capital formation.
These private and governmental state sanctions, therefore, amount to a significant role for blue sky laws.
The risk presented by the state blue sky laws
and deceptive trade practices is particularly onerous because these regulations apply a negligence standard rather than one of fraud.
It is recommended that brokers check with their compliance officers or legal counsel for applicable Blue Sky laws
and regulations pertaining to them.
and Falcon Strategies Two B LLC violated laws pertaining to fraud, negligent misrepresentation, 12(A)(2) of the 1933 Securities Act and Florida Blue Sky Laws
in the sale and management of the Falcon Strategies Two B Fund.
Despite this, the company had maintained the Boston Stock Exchange listing, in part, due to certain exemptions from State Blue Sky laws
available to issuers listed on the Boston Stock Exchange.
In any jurisdiction in which the securities laws or blue sky laws
require the tender offers and consent solicitations to be made by a licensed broker or dealer, the tender offers and consent solicitations will be deemed to be made on behalf of EOP Operating Limited Partnership by the Dealer Managers (who are also the Solicitation Agents), or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.
As part of the program, a full description of Language Access Network will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 37 states under the Blue Sky Laws