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In which phase do reactions occur most rapidly?
Blue-sky Laws
State regulations designed to protect investors from securities fraud by requiring sellers of new issues to register their offerings and provide financial details.
State Securities Laws
Regulations established by individual states governing the sale and distribution of securities to protect investors against fraud.
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Legal actions where one or several individuals sue on behalf of a larger group who are affected in a similar way, seeking collective damages or resolutions.
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Firms whose stocks are listed and actively traded on a national securities exchange.
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