Oklahoma Statutes

§ 71-1-506 — Misrepresentations concerning registration or exemption.

Oklahoma·Title 71 Securities
The filing of an application for registration, a registration statement, or a notice filing under this act, or the registration of a person or security under this act, does not constitute a finding by the Administrator that a record filed under this act is true, complete, and not misleading. The filing or registration or the availability of an exemption, exception, preemption, or exclusion for a security or a transaction does not mean that the Administrator has passed upon the merits or qualifications of, or recommended or given approval to, a person, security, or transaction. It is unlawful and shall be deemed a Class C2 felony offense to make, or cause to be made, to a purchaser, customer, client, or prospective customer or client, a representation inconsistent with this section.

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Legislative History

Added by Laws 2003, c. 347, § 34, eff. July 1, 2004. Amended by Laws 2025, c. 486, § 294, eff. Jan. 1, 2026.

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