Blue-sky laws (also often used in German, otherwise laws against issuance fraud)

A set of laws and regulations in the U.S. that must be observed when issuing securities of any kind. – The term is borrowed from the fact that banks and fly-by-night investment advisors often promised customers the moon when selling securities (in the US a set of regulations which oblige companies wishing to issue securities to first provide evidence of their existence and substance, including their financial statements. This is to prevent situations where issuers have little else to sell than a piece of “blue sky”). – See blind pool, blog, candy, stock letters, daimonion, steam room, darkrooming, glamour stocks, go-go funds, high flyer, internet forums, capital market, gray, normal issue, pump and dump, avenging angel, remittance services, venture capital, shadow banking, death spiral, Twitter, wire fraud, angle broker.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/