Blue Sky Practice for Public and Private Direct Participation Offerings provides a general introduction to state regulation of public and private offerings of securities of direct participation programs, as well as an examination of the requirements relating to the various types of programs. This handbook also examines the requirements and pivotal issues relating to real estate investment trusts, oil and gas programs, public equipment leasing, public cattle feeding programs, commodity pool programs, publicly offered direct participation programs such as cable television and movies, and asset-backed securities.