Okla. Stat. tit. 71, § 71-1-409: 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

Administrator may institute a revocation or suspension proceeding

under Section 1-411 of this title 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 when the application is

filed.