Section 1210 Of Chapter 6. Securities From California Financial Code >> Division 1.1. >> Chapter 6.
1210
. There shall be exempted from the provisions of Section 1201
any transaction or security, including, without limitation, any type
or class of transactions or securities, which the commissioner by
regulation or order exempts as not being comprehended within the
purposes of this chapter and the regulation of which he or she finds
is not necessary or appropriate in the public interest or for the
protection of investors.