Blue sky laws are state anti-fraud regulations that require issuers of securities to be registered and disclose the details of their offerings.
Blue sky laws create liability for issuers by allowing judiciaries and investors to sue them for non-compliance with the provisions of the law.
The blue sky laws of most states follow the model Uniform Securities Act of 1956 and are superseded by federal securities laws when they are duplicated.
The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.
The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders.
The Basel Accords are part of a series of three international banking regulatory meetings that established capital requirements and risk measurements for global banks.
Basel III is an international regulatory agreement that introduced a series of reforms aimed at improving regulation, supervision and risk management in the banking sector.
Black money includes all funds earned as a result of illegal activities, as well as other legitimate income that is not taken into account for tax purposes.
A boiler room is a scheme in which sellers use high-pressure selling tactics to persuade investors to buy securities, including speculative and fraudulent securities.