The commissioner may adopt rules and issue orders to do the following:

1. (1) Prescribe terms and conditions of all transactions and contracts that:

   1. (A) are covered by this chapter; and
   2. (B) are not within the exclusive jurisdiction of the Commodity Futures Trading Commission, as granted by the Commodity Exchange Act.
2. (2) Exempt persons from this chapter.
3. (3) Implement the provisions of this chapter for the protection of purchasers and sellers of commodities.

As added by P.L.177-1991, SEC.10.