(2) The following transactions are exempted from Sections 61-1-7 and 61-1-15:
* * *
(v) a transaction as to which the division finds that registration is not necessary or appropriate for the protection of investors.
Division Interpretive Commentary:
The Division has provided discretionary exemptions by rule and by order.
Discretionary exemptions by order are limited to transactions which are not covered by any other exemption in which the Division finds that registration is not necessary or appropriate for the protection of investors.
To request a discretionary exemption, file with the Division: