Oklahoma § 71-817 - Document filed when received by Administrator - Register

§ 71-817. Document filed when received by Administrator - Register

of applications and orders - Disclosure - Interpretive opinions.

A. A document is filed when it is received by the

Administrator.

B. The Administrator shall keep a register of all applications

for registration pursuant to the Oklahoma Business Opportunity Sales

Act and all orders which have been entered under the act. The

register and all such orders may be maintained in computer form or

any other form of data storage and shall be open for public

inspection.

C. The information contained in or filed with or subsequent to

any application for registration filed pursuant to this title, or

any report filed with the Administrator may be made available to the

public under such rules as the Administrator may prescribe.

Litigation files and investigatory files and reports shall be kept

confidential. If an investigatory file is created as a result of a

complaint, grievance or inquiry, the complaint, grievance or inquiry

shall be a part of such investigatory file and the existence of the

complaint, grievance or inquiry and the matters and documents

contained therein shall not be disclosed except pursuant to this

title. A settlement agreement may, upon determination of the

Administrator, remain part of the investigatory file and may be used

against the person or entity involved only if the person or entity

involved violates the terms of the settlement agreement. The

Administrator may disclose any information obtained in connection

with an investigation pursuant to this title for the purpose of a

civil or administrative action brought by the Administrator, or a

criminal referral. The Administrator may disclose such information

to a law enforcement agency or another governmental or regulatory

entity so long as the receiving entity represents in writing that

under applicable law protections exist to preserve the integrity,

confidentiality, and security of the information.

D. The Administrator in his or her discretion may honor written

requests from interested persons for interpretive opinions or may

issue determinations that the Administrator will not institute

enforcement proceedings against certain specified persons for

Oklahoma Statutes - Title 71. Securities

engaging in certain specified activities where the determination is

consistent with the purposes fairly intended by the policy and

provisions of this act upon the payment of a fee as set forth in

Section 829 of this title.

Added by Laws 1985, c. 157, § 17, eff. Nov. 1, 1985. Amended by

Laws 1989, c. 150, § 14, operative July 1, 1989; Laws 1992, c. 169,

§ 7, eff. Sept. 1, 1992; Laws 1997, c. 279, § 29, eff. July 1, 1997;

Laws 1999, c. 109, § 21, eff. July 1, 1999.