§ 17-4-409 — Withdrawal of registration of broker-dealer, agent, investment adviser, and investment adviser representative

Withdrawal of registration by a broker-dealer, agent, investment
adviser, or investment adviser representative becomes effective
sixty (60) days after the filing of the application to withdraw
or within any shorter period as provided by rule adopted or
order issued under this act unless a revocation or suspension
proceeding is pending when the application is filed. If a
proceeding is pending, withdrawal becomes effective when and
upon such conditions as required by rule adopted or order issued
under this act. The secretary of state may institute a
revocation or suspension proceeding under W.S. 17-4-412 within
one (1) year after the withdrawal became effective automatically
and issue a revocation or suspension order as of the last date
on which registration was effective if a proceeding is not
pending.