Which of the following is true with respect to blue sky laws? The laws were established as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The method of regulation is uniform and same across all the states. The laws only apply to securities subject to federal law, not to those securities exempt from the federal statutes. The federal laws do not preempt the existence of state blue sky laws. The laws are commonly known as the antifraud laws as per the Securities Act of 1934