On February 20, 2026, the Wyoming Securities Division announced that it had taken enforcement action against an investment firm operating in the state without being properly registered. The firm, which had been operating under the name Blue Sky Investments, was found to have been offering securities to Wyoming residents without the necessary licenses and approvals.According to the Wyoming Securities Division, Blue Sky Investments had been soliciting investors through online advertisements and cold calls, promising high returns on their investments. However, an investigation revealed that the firm was not registered with the state as required by the Wyoming Uniform Securities Act.The Securities Division issued a cease and desist order against Blue Sky Investments, prohibiting the firm from further soliciting investors in Wyoming until it obtains the proper registration. In addition, the Division imposed fines on the firm for its violations of state securities laws.The Acting Administrator of the Wyoming Securities Division, Jane Smith, stated that the enforcement action was taken to protect investors from potentially fraudulent schemes and to uphold the integrity of the state's securities market. She urged Wyoming residents to exercise caution when investing and to verify the registration status of any firm before handing over their money.In a press release, Blue Sky Investments denied any wrongdoing and stated that it had taken steps to rectify the situation by applying for registration with the Wyoming Securities Division. The firm also expressed regret for any confusion or inconvenience caused to its investors.The enforcement action against Blue Sky Investments serves as a reminder to all investment firms operating in Wyoming to comply with state securities laws and regulations. The Securities Division will continue to monitor and enforce compliance to ensure the protection of investors in the state.