Something that is sky-blue is a very pale blue in colour. Her silk shirtdress was sky-blue, the colour of her eyes. bright blue, like the colour of the sky when there are no clouds blue
: In the United States, a law that regulates the offering and sale of securities to protect the public from fraud, requiring the registration of all securities offerings and sales, as well as of stock brokers and brokerage firms
It is a slang term used often within the financial industry that confirms a new issue has been given the legal "stamp of approval" by the Securities commission and can now be distributed
Refers to securities registration or broker licensing, or the securities regulatory authorities of individual states For example, if a stock broker in the state of New York has complied with licensing or registration requirements for Florida, Texas and Illinois, then he or she is said the be "blue skied" in those states and may solicit sales from account holders residing therein Blue sky often is referred to in private placements, IPOs and secondary underwritings to designate the states in which securities may be sold The term also is frequently used with many securities quoted on the OTC Bulletin Board or the Pink Sheets
Popular name given to state statutes regulating the sale of corporate securities, particularly through investment companies, imposed to prevent the sale of securities for fraudulent purposes Typically they regulate the sale of securities by persons considered to be in control of an issuer and purchasers who purchase unregistered securities directly or indirectly from an issuer or control person of an issuer Also, typically construed as laws that refer to restrictions placed on IPOs by various states
Laws designed to protect the public from securities frauds Each state has its own securities distribution restrictions and guidelines which must be met by each issue offered therein Blue sky rules relate to state approval or disapproval of distribution within each state
Any intangible portion of a price above the maximum goodwill that can be reasonably supported through the application of established valuation methodology
A slang term for laws various Canadian provinces and American states have enacted to protect the public against securities frauds The term "blue skyed" indicates that a new issue has been cleared by a securities commission and may be sold to the public
A slang term for laws various Canadian provinces and American states have enacted to protect the public against securities frauds The term blue skyed indicates that a new issue has been cleared by a securities commission and may be sold to the public
These are state securities laws designed to protect individual investors The phrase purportedly originated from a state judge who said that the securities of a particular company had all the value of a patch of blue sky Both companies and mutual funds are affected by state blue sky laws However, the SEC and Congress are in the process of superseding these rules, because the rules in some states are obsolete, arbitrary and poorly enforced
A term used to describe state laws and regulations governing the issuance and sale of securities to residents of a state and the licensing and regulation of securities brokers and dealers