Answered

Securities regulations that are called blue-sky laws refer to those at

A. both the state and the federal level.
B. the federal level.
C. neither the state nor the federal level.
D. the state level.



Answer :

GinnyAnswer

Final answer:

Blue Sky Laws were financial regulations disguised as protective measures to uphold unit bankers' monopolies in the early 20th century.


Explanation:

Blue Sky Laws were securities regulations passed by U.S. states in the early 20th century. These laws, often presented as protective measures for vulnerable investors, were actually aimed at safeguarding the monopolies of unit bankers.

These laws gave state officials the authority to control the issuance of securities, ultimately benefiting traditional banking practices over emerging securities markets.


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