[§485A-306] Waiver and modification. The commissioner, in the commissioner's sole discretion, may waive or modify, in whole or in part, any or all of the requirements of sections 485A-302 and 485A-303(b) or the requirement of any information or record in a registration statement or in a periodic report filed pursuant to section 485A-304(i). [L 2006, c 229, pt of §1]