Noun
/bluː skaɪ lɔː/
The term "blue sky law" refers to state securities laws in the United States designed to protect investors from securities fraud. These laws require sellers of securities to register their offerings and provide full disclosure to potential investors. The name "blue sky" implies lofty and unrealistic promises made by sellers.
Blue sky laws are used primarily in legal and financial contexts. They are essential in the regulation of financial markets and help to ensure transparency. These laws are typically cited more in written contexts, such as legal documents, financial reports, and regulatory communications.
Компанії довелося дотримуватись положень закону про синє небо перед тим, як запропонувати свої нові акції інвесторам.
Violating blue sky laws can result in severe penalties for the involved parties.
Порушення законів про синє небо може призвести до суворих покарань для залучених сторін.
Every state's blue sky law may have unique provisions that businesses must follow.
Although "blue sky law" itself is specific and does not belong to a wider pool of idiomatic expressions, it is often discussed alongside phrases relating to securities and compliance. However, here are phrases where "blue sky" features more commonly:
Нам потрібно трохи фантазії без меж, щоб інноваційно оновити нашу лінію продуктів.
Blue sky ahead: Indicates a promising future, often used in a metaphorical sense.
Після злиття для нашого бізнесу відкриваються обіцяючі обрії.
Blue skies and sunshine: Describes a positive, optimistic outlook on life.
The term "blue sky law" originated in the early 20th century in the United States. The phrase "blue sky" was initially used in reference to overly optimistic projections that had no basis in reality. It was later adopted to refer to regulations intended to protect the public from fraud and dishonest practices in the securities market.
Synonyms: - Securities regulation - Investment law - Market regulation
Antonyms: - Securities fraud - Investor exploitation - Market manipulation