blue sky law
ریشه و کاربرد
ریشه
The term 'blue sky law' originated from the idea that fraudulent securities offerings were as worthless as the 'blue sky'.
مثال
- The blue sky law requires companies to register their securities before offering them to the public.
- Investors should be aware of the protections provided by blue sky laws.
- The blue sky law aims to prevent fraudulent securities schemes.
تعریف انگلیسی
noun
- a state law regulating the sale of securities in an attempt to control the sale of securities in fraudulent enterprises