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The commission was established in 1907 and the First Oklahoma Legislature gave the commission authority to regulate public service corporations. [4]Railroad, telephone and telegraph companies were the companies first regulated by the commission, which also collected records of the stockholders, officers and directors of corporations chartered or licensed to do business in Oklahoma. [4]
The Oklahoma Department of Commerce is a department of the government of Oklahoma under the Oklahoma secretary of commerce.The department is responsible for the supporting local communities, stimulating growth of the existing businesses, attracting new business, and promoting the development and availability of a skilled workforce.
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 ...
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Oklahoma’s Corporation Commission elections have traditionally attracted little scrutiny despite the fact that the three-person commission regulates various industries from the state’s public ...
The Corporation Commission later allowed some of the state’s largest public utilities to securitize the debt by adding a monthly surcharge to consumers’ bills that will last for decades.
The department also investigates and licenses creditors of the state. The department is led by a Consumer Credit Commission, which consists of eight members appointed by the Governor of Oklahoma with the consent of the Oklahoma Senate to serve five-year terms. The State Banking Commissioner serves as a non-voting member of the commission. The ...
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