Okla. Stat. tit. 71, § 71-1-406: Registration application - Time of becoming effective

A. A person shall register as a broker-dealer, agent,

investment adviser, or investment adviser representative by filing

an application that contains:

1. The information required for the filing of a uniform

application, a consent to service of process complying with Section

1-611 of this title, the fee specified in Section 1-612 of this

title and any reasonable fees charged by the designee of the

Administrator for processing the filing; and

2. Upon request by the Administrator, any other financial or

other information that the Administrator determines is appropriate.

B. If the information contained in an application that is filed

under subsection A of this section is or becomes inaccurate or

incomplete in any material respect, the registrant shall promptly

file a correcting amendment.

C. If an order is not in effect and a proceeding is not pending

under Section 1-411 of this title, registration becomes effective at

noon on the 45th day after a completed application is filed unless

the registration is denied. A rule adopted or order issued under

this act may set an earlier effective date or may defer the

effective date until noon on the 45th day after the filing of any

amendment completing the application.

D. A registration is effective until midnight on December 31 of

the year for which the application for registration is filed.

Unless an order is in effect under Section 1-411 of this title, a

registration may be automatically renewed each year by filing such

records as are required by rule adopted or order issued under this

act, by paying the fee specified in Section 1-612 of this title, and

by paying costs charged by the designee of the Administrator for

processing the filings.

E. A rule adopted or order issued under this act may impose

such other conditions not inconsistent with the National Securities

Markets Improvement Act of 1996. An order issued under this act may

waive, in whole or in part, specific requirements in connection with

registration as are in the public interest and for the protection of

investors.