Oklahoma Securities Litigation and Arbitration Lawyers

Oklahoma investors have rights and protections under numerous laws and regulations.

The Oklahoma Uniformed Securities Act of 2004 (OUSA) is the state law that regulates the sale of securities in Oklahoma. It is administered by the Oklahoma Securities Commission.

The OUSA requires that all securities offered for sale in Oklahoma be registered with the Department of Securities, unless the securities or transactions are exempt. Exempt securities include:

• Securities issued by the United States or the state of Oklahoma

• Securities issued by certain non-profit organizations

• Securities offered in certain private transactions

The OUSA also requires that all broker-dealers, agents, and investment advisers who offer or sell securities in Oklahoma be registered with the Department of Securities.

The OUSA is designed to protect investors from fraud and to ensure that investors have access to accurate information about the securities they are considering purchasing.

Here are some of the key provisions of the OUSA:

• Registration of securities: All securities offered for sale in Oklahoma must be registered with the Department of Securities, unless the securities or transactions are exempt.

• Registration of broker-dealers, agents, and investment advisers: All broker-dealers, agents, and investment advisers who offer or sell securities in Oklahoma must be registered with the Department of Securities.

• Anti-fraud provisions: Fraud, misrepresentation, and other unfair practices in the offer and sale of securities are prohibited.

• Right to sue for violations.

In addition to Oklahoma Securities Laws, the following federal laws and regulations protects investors:

• The Securities Act of 1933

• The Securities Exchange Act of 1934

• The Trust Indenture Act of 1939

• Investment Company Act of 1940

• Investment Advisor Act of 1940

• Sarbanes-Oxley Act of 2002

• Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

• Jumpstart our Business Startups Act of 2012

• FINRA Regulations 

• Securities and Exchange Commission (SEC) Regulations

Contact our firm to discuss your rights and options under Oklahoma and federal securities law.