Securities Law

This guide is designed for students and faculty doing research on securities law.

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

Westlaw Databases

Heafey Law Library Research Team