Oklahoma Department of Securities - Securities Commission

Securities Commission

The Securities Commission is the governing body of the Department of Securities. The Commission is composed of five members appointed by the Governor of Oklahoma with the advice and consent of the Oklahoma Senate. One member is a member of the Oklahoma Bar Association, one member is an active officer of a bank or trust company operating in the State, one member is a certified public accountant and one member is an active member from the securities industry. The State Banking Commissioner serves as the fifth voting member of the Commission.

All members of the Commission, except the State Banking Commissioner, serve six-year terms.

It is the duty of the Commission to establish rules regulating the securities market and to appoint an Administrator of the Department, who serves at the pleasure of the Commission.

Read more about this topic:  Oklahoma Department Of Securities

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