How To Apply Blue Sky Laws To Securities Offerings
Law360, New York (November 14, 2013, 1:46 PM EST) -- In the absence of an exemption either for particular securities involved, or for a particular type of transaction, the offer and sale of securities in every state is subject to registration and other qualification requirements imposed by individual state securities laws, commonly known as blue sky laws.
The process is in many cases streamlined, and substantially uniform, but the fundamental requirement is submission of a prescribed form of registration statement and approval by a state administrator prior to an offering. In some states, securities offerings are subject to “merit review,” by which administrators review the terms and aspects of securities against...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!