In addition to the federal securities laws, every state has its own set of securities laws—commonly referred to as "Blue Sky Laws"—that are designed to protect investors against fraudulent sales practices and activities. While these laws do vary from state to state, most state laws typically require companies making offerings of securities to register their offerings before they can be sold in a particular state, unless a specific state exemption is available. The laws also license brokerage firms, their brokers, and investment adviser representatives.
ESG Funds – What You Should Know
Check out our investor bulletin about mutual funds and ETFs that focus on environmental, social, and governance principles.
Celebrity Involvement with SPACs
Learn why it is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment.
Know the risks of day trading
Read this Director’s Take article to understand the risks of engaging in this type of speculative investing.