Okla. Stat. tit. 71, § 71-1-604

A. If the Administrator determines that a person has engaged,

is engaging, or is about to engage in an act, practice, or course of

business constituting a violation of this act or a rule adopted or

order issued under this act or constituting a dishonest or unethical

practice or that a person has materially aided, is materially

aiding, or is about to materially aid an act, practice, or course of

business constituting a violation of this act or a rule adopted or

order issued under this act or constituting a dishonest or unethical

practice, the Administrator may:

1. Issue an order directing the person to cease and desist from

engaging in the act, practice, or course of business or to take

other action necessary or appropriate to comply with this act;

2. Issue an order denying, suspending, revoking, or

conditioning the exemptions for a broker-dealer under subparagraph d

or f of paragraph 1 of subsection B of Section 1-401 of this title

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or an investment adviser under subparagraph c of paragraph 2 of

subsection B of Section 1-403 of this title; or

3. Issue an order under Section 1-204 of this title.

B. An order under subsection A of this section is effective on

the date of issuance. Upon issuance of the order, the Administrator

shall promptly serve each person subject to the order with a copy of

the order and a notice that the order has been entered. The order

must include a statement whether the Administrator will seek a civil

penalty or costs of the investigation, a statement of the reasons

for the order, and notice that, within fifteen (15) days after

receipt of a request in a record from the person, the matter will be

scheduled for a hearing and the hearing shall be commenced within

fifteen (15) days of the matter being set for hearing. Any request

for a hearing shall be made in writing and the person making the

request shall specifically admit or deny the allegations contained

in the order. If a person subject to the order does not request a

hearing and none is ordered by the Administrator, within thirty (30)

days after the date of service of the order, the order, that may

include a civil penalty or costs of the investigation if a civil

penalty or costs were sought in the statement accompanying the

order, becomes final as to that person by operation of law. If a

hearing is requested or ordered, the Administrator, after notice of

and opportunity for hearing to each person subject to the order, may

modify or vacate the order or extend it until final determination.

C. If a hearing is requested or ordered pursuant to subsection

B of this section, a hearing must be held pursuant to the

Administrative Procedures Act. A final order may not be issued

unless the Administrator makes findings of fact and conclusions of

law in a record in accordance with the Administrative Procedures

Act. The final order may make final, vacate, or modify the order

issued under subsection A of this section.

D. In a final order under subsection C of this section, the

Administrator may impose a civil penalty up to a maximum of Five

Thousand Dollars ($5,000.00) for a single violation or up to Two

Hundred Fifty Thousand Dollars ($250,000.00) for multiple violations

in a single proceeding or a series of related proceedings.

E. In a final order, the Administrator may charge the actual

cost of an investigation or proceeding for a violation of this act

or a rule adopted or order issued under this act.

F. If a petition for judicial review of a final order is not

filed in accordance with Section 1-609 of this title, the

Administrator may file a certified copy of the final order with the

clerk of a court of competent jurisdiction. The order so filed has

the same effect as a judgment of the court and may be recorded,

enforced, or satisfied in the same manner as a judgment of the

court.

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inal order is not

filed in accordance with Section 1-609 of this title, the

Administrator may file a certified copy of the final order with the

clerk of a court of competent jurisdiction. The order so filed has

the same effect as a judgment of the court and may be recorded,

enforced, or satisfied in the same manner as a judgment of the

court.

Oklahoma Statutes - Title 71. Securities Page 77

G. If a person does not comply with an order under this

section, the Administrator may petition a court of competent

jurisdiction to enforce the order. The court may not require the

Administrator to post a bond in an action or proceeding under this

section. If the court finds, after service and opportunity for

hearing, that the person was not in compliance with the order, the

court may adjudge the person in civil contempt of the order. The

court may impose a further civil penalty against the person for

contempt in an amount not to exceed One Thousand Dollars ($1,000.00)

for each violation and may grant any other relief the court

determines is just and proper in the circumstances.