1. 1. On or before August 15 of each even-numbered year, the Administrator shall:

   1. (a) Submit a written report to the Director of the Legislative Counsel Bureau for submission to the Legislative Commission; and
   2. (b) Publish the report described in paragraph (a) on an Internet website of the Secretary of State or by similar means.

2. 2. The report must include, without limitation:

   1. (a) A summary of the states that adopted a model rule, regulation, exemption or like provision of the North American Securities Administrators Association within the 5 years immediately preceding the publication of the report described in subsection 1;
   2. (b) A summary of the states that did not adopt a model rule, regulation, exemption or like provision of the North American Securities Administrators Association within the 5 years immediately preceding the publication of the report described in subsection 1, and the reasoning why each state did not adopt any such model rule, regulation, exemption or like provision;
   3. (c) A determination of whether the Division has the resources necessary to achieve its objectives; and
   4. (d) Any recommendations for legislation relating to the protection of investors in this State.

(Added to NRS by 2021, 246)