Okla. Stat. tit. 71, § 71-1-301: Securities registration requirement

It is unlawful and shall be deemed a Class C2 felony offense for

a person to offer or sell a security in this state unless:

1. The security is a federal covered security;

2. The security, transaction, or offer is exempted from

registration under Sections 1-201 through 1-203 of this title; or

3. The security is registered under this title.