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During an Oklahoma disciplinary-risk review, a renewal specialist must resolve a question about continuing education and renewal. Which statement should control?

Correct Answer

A) NMLS lists Oklahoma state-licensed MLO PE as 20 total hours with 1 Oklahoma-specific hour and annual CE as 8 total hours with no separate Oklahoma CE hour.

NMLS lists Oklahoma state-licensed MLO PE as 20 total hours with 1 Oklahoma-specific hour and annual CE as 8 total hours with no separate Oklahoma CE hour.

Answer Options
A
NMLS lists Oklahoma state-licensed MLO PE as 20 total hours with 1 Oklahoma-specific hour and annual CE as 8 total hours with no separate Oklahoma CE hour.
B
Apply the Oklahoma rule only to company licenses and never to individual MLO activity.
C
Handle continuing education and renewal with an informal note rather than the required license, disclosure, filing, or record.
D
Use another jurisdiction's approval as a substitute for the Oklahoma requirement.

Why This Is the Correct Answer

NMLS lists Oklahoma state-licensed MLO PE as 20 total hours with 1 Oklahoma-specific hour and annual CE as 8 total hours with no separate Oklahoma CE hour.

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