草地飞镖
Blue Sky Laws are state securities laws.
蓝天法是州的证券法律法规。
prior to that time, regulation of securities was chiefly governed by state laws (commonly referred to as blue sky laws).
在此之前,证券监管的主要由各州法律(通常称作“蓝天法”)监管。
The Blue Sky Laws were created to regulate securities industry before the development of federal securities laws.
蓝天法的建立是为了调节在联邦证券法发展起来之前的证券业。
The federal securities laws preempt the State Blue Sky Laws.
联邦证券法优先于州蓝天法。
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