What laws govern the issuance of securities?

In Oklahoma, the laws governing the issuance of securities are primarily set forth by the Oklahoma Uniform Securities Act. This state law requires that all securities must be registered with the Oklahoma Securities Commission before they can be offered for sale to the public. Additionally, all securities offerings must meet certain disclosure requirements and must be accompanied by a prospectus that provides information about the offering and the company issuing the securities. The Oklahoma Uniform Securities Act also requires that all security issuers file a registration statement with the Oklahoma Securities Commission prior to the first sale of any securities. This registration statement must include information such as the names and addresses of the company’s officers, the type of securities to be sold, and the amount to be raised from the issuance. Finally, the Oklahoma Uniform Securities Act also requires that all security issuers must have their books and records audited on an annual basis. This audit is to ensure that all securities issued under the Act are registered and disclosed properly, and that the company issuing the securities is in compliance with all applicable laws. In summary, the laws governing the issuance of securities in Oklahoma are largely provided by the Oklahoma Uniform Securities Act. This law requires that all securities offerings meet certain registration and disclosure requirements, and that all issuers of securities must have their books and records audited annually.

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What laws govern the issuance of securities?

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