Franchise Holdings International Achieves Blue Sky Compliance
With Blue Sky compliance, the Company significantly expanded its investment universe, as many more broker-dealers can purchase and recommend its stock. Our goal is to build the company and to do that we must be more widely traded. Blue Sky compliance secures a much larger potential investor base.
This is a significant milestone and a great start to our expansion plans,a stated Steven Rossi, CEO of Franchise Holdings International.
U.S. Blue Sky laws protect investors from fraud as broker-dealers may not legally recommend, solicit or discuss non Blue Sky compliant securities with clients unless they comply with the investor's state of residence Blue Sky regulations in addition to federal securities laws. Blue Sky compliance, mandatory for the 280,000+ U.S. registered investment advisors , enables them to more transparently advise, discuss, or recommend stocks to investor clients.