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(a) The Securities Commissioner shall administer this chapter.
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(b) The commissioner may:
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(1) Make, amend, and rescind any rules, forms, and orders that the commissioner deems necessary or appropriate to carry out this chapter, including without limitation rules and forms governing applications and reports; and
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(2) Define any terms, whether or not used in this chapter, if consistent with this chapter.
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(c) A rule, form, or order shall not be made, amended, or rescinded unless the commissioner finds that the action is:
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(1) Necessary or appropriate in the public interest or for the protection of consumers; and
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(2) Consistent with the purposes fairly intended by the policy and provisions of this chapter.
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(d) All rules and forms of the commissioner shall be published.
