State-by-State Blue Sky Registration and Filing Requirements Chart

Summary

“Blue Sky” laws are state laws that regulate the offer or sale of securities within a state. A securities offering in a state is subject to registration under the state’s Blue Sky laws unless the security or transaction are (1) exempt from registration or excluded by definition or (2) outside the scope of state authority because of federal preemption under the National Securities Markets Improvement Act of 1996 (NSMIA).