Blue Sky Laws (BSL)

Blue Sky Laws – A popular name for laws various states have enacted to protect the public against securities frauds. The term is believedto have originated when a judge ruled that a particularstock had about the same value as a patch of blue sky.Blue Sky Laws – A popular name for laws various states have enacted to protect the public against securities frauds. The term is believedto have originated when a judge ruled that a particularstock had about the same value as a patch of blue sky.