merit regulationglossary / MERIT REGULATION merit regulation. Under state blue-sky laws, the practice of requiring securities offerings not only to be accompanied by a full and adequate disclosure but also to be substantively fair, just, and equitable. 词条贡献者 译员Jerry,知名法学院知识产权法,专注翻译各种与版权与商标诉讼有关的法律文件。