Securities Law in Oklahoma
If you have questions about securities (stocks, notes, treasury certificates or bonds) that you own or you’re interested in pursuing a stock offering for your company, the securities and investment attorneys at The Hershewe Law Firm can guide you through the complexities of Oklahoma securities law.
“Securities” are documents that imply ownership or creditorship. As a security owner, you have certain rights in relation to the earnings and assets of the security issuer or the associated voting power.
Securities are regulated at the federal and state levels to:
- Ensure that investors like you have accurate information about your securities and their value.
- Facilitate the trading process.
- Help maintain the integrity of the trading system.
- Prevent securities fraud.
Security compliance regulations are enforced by the Oklahoma Securities Commission and the federal Securities and Exchange Commission (SEC) which monitors the conduct of those who issue securities (brokers, dealers, investment advisors) as well as individual investors.
Securities are either traded “over the counter” or through a stock exchange. If a security is traded through a stock exchange that exchange imposes rules on the securities beyond those already in place through state and federal law.
Some securities transactions are exempt from state laws and regulations. The National Securities Markets Improvement Act of 1996 created a broad class of “covered securities” which are exempt from most state securities regulations when traded through a licensed broker or dealer. Be aware, however, that when dealing with these “covered securities,” the Act preserves any state’s right to investigate and legislate against securities fraud.
Don’t try to navigate the complexities of Oklahoma securities law on your own. Enlist an experienced securities attorney from The Hershewe Law firm. Call us toll-free at 877-382-9734, or feel free to contact us through our web form.
