Blue Sky Laws
Blue Sky laws are state laws that regulate the sales of securities in an effort to prevent fraud. The term 'blue sky' was coined early in the 20th Century as a description of the fraud hazard of investing in speculatings backed by nothing more than 'blue skies'. In 1911 Kansas was the first state to past a blue sky law. By 1933 all states but Nevada had some form of blue sky law enacted. Today most of the blue sky laws model themselves after the Uniform Securities Act of 1956.
California Statutes and Regulations
State Agency Materials
California Division of Corporations
The Department provides protections to consumers, and services to businesses, engaged in financial transactions. We also license and regulate a variety of businesses, including securities brokers and dealers, investment advisers and financial planners, and certain fiduciaries and lenders. The Department regulates the offer and sale of securities, franchises and off-exchange commodities.
Westlaw - California Securities Administrative Decisions
Opinion letters, rulings and orders prepared by the California Department of Corporations pursuant to section 25618 of the California Corporations Code that respond to specific securities-related matters. Coverage begins with 1969.
Heafey Law Library Research Team