# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Blue Sky Laws

A slang industry term used to describe the law passed by various U.S. states to protect the public against securities fraud.

It is said that the term originated from a judge who compared the value of a particular stock offering with a patch of blue sky. If a new issue of stock has been "blue skyed," it means that the security has been cleared by regulatory authorities and can be sold to the public.

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