Okla. Stat. tit. 71, § 71-1-608

A. The Administrator shall, in its discretion, cooperate,

coordinate, consult, and, subject to Section 1-607 of this title,

share records and information with the securities regulator of

another state, Canada, a Canadian province or territory, a foreign

jurisdiction, the Securities and Exchange Commission, the United

States Department of Justice, the Commodity Futures Trading

Commission, the Federal Trade Commission, the Securities Investor

Protection Corporation, a self-regulatory organization, a national

or international organization of securities regulators, a federal or

state banking and insurance regulator, and a governmental law

enforcement agency to effectuate greater uniformity in securities

matters among the federal government, self-regulatory organizations,

states, and foreign governments.

B. In cooperating, coordinating, consulting, and sharing

records and information under this section and in acting by rule,

order, or waiver under this act, the Administrator shall, in its

discretion, take into consideration in carrying out the public

interest the following general policies:

1. Maximizing effectiveness of regulation for the protection of

investors;

2. Maximizing uniformity in federal and state regulatory

standards; and

3. Minimizing burdens on the business of capital formation,

without adversely affecting essentials of investor protection.

C. The cooperation, coordination, consultation, and sharing of

records and information authorized by this section includes:

1. Establishing or employing one or more designees as a central

depository for registration and notice filings under this act and

for records required or allowed to be maintained under this act;

2. Developing and maintaining uniform forms;

Oklahoma Statutes - Title 71. Securities Page 81

3. Conducting a joint examination or investigation;

4. Holding a joint administrative hearing;

5. Instituting and prosecuting a joint civil or administrative

proceeding;

6. Sharing and exchanging personnel;

7. Coordinating registrations under Sections 1-301 and 1-401

through 1-404 of this title and exemptions under Section 1-203 of

this title;

8. Sharing and exchanging records, subject to Section 1-607 of

this title;

9. Formulating rules, statements of policy, guidelines, forms,

and interpretative opinions and releases;

10. Formulating common systems and procedures;

11. Notifying the public of proposed rules, forms, statements

of policy, and guidelines;

12. Attending conferences and other meetings among securities

regulators, which may include representatives of governmental and

private sector organizations involved in capital formation, deemed

necessary or appropriate to promote or achieve uniformity; and

13. Developing and maintaining a uniform exemption from

registration for small issuers, and taking other steps to reduce the

burden of raising investment capital by small businesses.