Investment interrogate to adjectives my fellow Yahoo Finance afficionados. Can someone explain the Blue Sky Rule and it
Can someone explain the "Blue Sky Rule" to me and why it be created by the SEC? What is the apology for it? It have to do near not person allowed to buy US Mutual Funds when you live out of the country, or even within Guam.
Answers:
If I remember hindmost to my series 7...
The "blue sky" law have to do beside the registration of broker-dealers and securities.
I deem they be enact b/c at the time, so various associates run these traveling investment scheme where on earth they'd collect assets and never return.
So, most mutual funds are probably not registered to tender their securities out of the country or within Guam.
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Answers:
If I remember hindmost to my series 7...
The "blue sky" law have to do beside the registration of broker-dealers and securities.
I deem they be enact b/c at the time, so various associates run these traveling investment scheme where on earth they'd collect assets and never return.
So, most mutual funds are probably not registered to tender their securities out of the country or within Guam.