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The Oklahoma State Banking Department (OSBD) is an agency of the state of Oklahoma. The Banking Department is responsible for regulating Oklahoma's banking system, including state-chartered banks , credit unions , savings and loan associations , and trust companies , as well as [(money transmitters)] and money order companies.
Loans to Insiders (Regulation O) establishes various quantitative and qualitative limits and reporting requirements on extensions of credit made by a bank to its "insiders" or the insiders of the bank's affiliates. The term "insiders" includes executive officers, directors, principal shareholders and the related interests of such parties.
Besides other requirements, such a business is not permitted to contain in its name words such as bank, insurance, national, etc, unless it holds an appropriate license. Depending on banking regulations , jurisdictions may offer different types of banking licenses, such as:
The United States relies on state-level bank supervisors (or "state regulators", e.g. the New York State Department of Financial Services), and at the federal level on a number of agencies involved in the prudential supervision of credit institutions: for banks, the Federal Reserve, Office of the Comptroller of the Currency, and Federal Deposit ...
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice.
Oklahoma law similar to Texas law that has faced legal challenges Oklahoma's new law is similar to one passed in Texas , which was challenged in January by the U.S. Justice Department.
The department is led by the Oklahoma Securities Commission, which consists of five members. Four members are appointed by the Governor of Oklahoma with the consent of the Oklahoma Senate to serve six-year terms. The State Banking Commissioner serve as the fifth voting member of the commission. The department's executive is the Administrator of ...
Katie Robertson, the executive director of the Oklahoma Music Educators Association, said in a letter to supporters the high school graduation requirement is the only arts requirement for students ...