Are all companies subject to the securities laws?

Are all companies subject to the securities laws?

Not all companies are subject to securities laws, but most of them are subject to either Federal or State laws. What happens is that there are some companies that are exempt from laws. They're exempt from laws because there's other regulatory bodies that they have to go through prior to coming to market. Therefore, if there's other banking rules or other laws that have already gone through, then the Federal government doesn't make them go through those same laws again. However, there's State laws, Blue Sky rules and other rules that you have to go through in order to provide the correct material to go forward to issue that particular item here in the state or whatever state you might be in.