During an investigation, what authority does the Commissioner NOT have?

The correct answer centers on the limitations of the Commissioner's authority in matters related to state licensing. While the Commissioner has the power to revoke state licenses, issue fines to licensees, and request documentation from financial institutions, suspending licenses held in other states falls outside their jurisdiction.

State licensing authorities can regulate and enforce laws applicable within their own state, but they do not have the authority to affect the licenses granted by other states. Each state operates under its own regulatory framework, and actions taken by one state’s Commissioner do not extend to licenses issued by another state’s authority. This means that while the Commissioner can enforce laws and regulations pertinent to Minnesota, they cannot suspend or otherwise regulate how another state manages its licensing procedures.