Blue Sky laws are state securities laws.

蓝天法是州的证券法律法规。

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The federal securities laws preempt the State Blue Sky laws.

联邦证券法优先于州蓝天法。

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The problem with the Blue Sky Laws was that they were each state done separately and it was hard for states to manage what were, basically, national businesses.

蓝天法的问题在于,各州的法律都是分开制定的,由各州政府去处理,然而全国性的问题却无从解决

耶鲁公开课 - 金融市场课程节选

There are different theories about why they call them Blue Sky Laws.

至于为什么把它叫做蓝天法,有很多不同的说法

耶鲁公开课 - 金融市场课程节选

So the Blue Sky Laws were basically coming in the teens.

所以蓝天法仅上世纪初被广泛使用

耶鲁公开课 - 金融市场课程节选

Today, fraud claims alleging a failure to disclose might be based upon violations of federal securities laws, state blue sky laws, state consumer protection laws, and other federal and state anti-fraud statutes.

CENTERFORSECURITYPOLICY: Shariah��s Black Box

Because the discussion regarding materiality in a federal securities fraud action are also applicable in the main to fraud claims alleged under the common law, the state blue sky laws, or other anti-fraud federal and state statutes, the discussion of materiality will not treat the latter separately.

CENTERFORSECURITYPOLICY: Shariah��s Black Box