Wisconsin Code § 551.203

Additional exemptions and waivers
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A rule
adopted or order issued under this chapter may exempt a security,
transaction, or offer; a rule under this chapter may exempt a class
of securities, transactions, or offers from any or all of the requirements of ss. 551.301 to 551.306 and 551.504; and an order under
this chapter may waive, in whole or in part, any or all of the conditions for an exemption or offer under ss. 551.201 and 551.202.

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