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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This was the first time a state had been charged with violating federal securities laws.

八月美国证券和交易委员会（SEC）指控该州向市政债券投资者隐瞒资金不足真相，这还是第一次有一个州因违反联邦证券法而吃官司，不过，新泽西州对证券和交易委员会的裁决保留意见。

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The court has already trimmed the federal securities fraud laws and required more specificity from plaintiffs when they file complaints.

该法院已经修改了联邦证券有瑕疵的法律，而且要求原告在提出诉讼时提供案件的具体细节。

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The Federal Reserve recently extended into next year a loan program designed to get investors to buy more securities like these.

VOA: special.2009.09.04

Examine the logic: The SEC regularly inspects money managers for compliance with the federal securities laws.

FORBES: No Freedom of Information When It Comes to Money Managers (November 1, 2000)

Did Skilling and Lay violate federal securities laws requiring financial statements to be truthful and reliable?

FORBES: Ken Lay's Final Lesson

The Commission sanctioned the Direct Edge entities for violations of the federal securities laws.

FORBES: Reg SCI Gets A 'Yes But' From SEC Commissioner Aguilar