By authority delegated to the Administrator in Section 1-203 of the Securities Act, transactions effected by a Canadian broker-dealer and its agents that meet the requirements for exemption from registration pursuant to 660:11-5-20 are determined to be classes of transactions for which registration is not necessary or appropriate for the protection of investors and are exempt from Sections 1-301 and 1-504 of the Securities Act.
Okla. Admin. Code § 660:11-11-51