Nevada § 604D.500 - Licensee to submit annual report to Commissioner; unavailability of audited financial statements; confidentiality of documents and information; annual publication by Commissioner

a report containing, as applicable to the licensee: (a) Except as otherwise provided in subsection 2, financial statements for the immediately

preceding year that have been audited by an independent certified public accountant; (b) A copy of each complaint that has been filed by a user who received earned wage

access services in this State in the immediately preceding year against the licensee

with the Better Business Bureau or the Consumer Financial Protection Bureau and a

description of the resolution, if any, of each such complaint; (c) The total amount of charges paid by users for earned wage access services in the

preceding year in this State; (d) The total number of users in this State who did not receive earned wage access

services in the immediately preceding year but who paid a subscription fee or membership

fee imposed by a provider for a bona fide group of services that include earned wage

access services, including the total amount of subscription fees and membership fees

paid by those users in the immediately preceding year; (e) The total number of users in this State who participated in 12 or more earned

wage access transfers provided by the licensee in the immediately preceding year;

and (f) Any other information required by the Commissioner pursuant to regulations adopted

pursuant to this chapter. 2. If audited financial statements are not available to a licensee on or before April

15 in any year, the licensee may satisfy the requirements of paragraph (a) of subsection

1 by submitting to the Commissioner: (a) Unaudited financial statements on or before April 15; and (b) Audited financial statements when such statements become available to the licensee. 3. Except as otherwise provided in this section, all documents and other information

filed with the Commissioner are confidential and may be disclosed only as the Commissioner

and the licensee mutually deem necessary to administer the provisions of this section. 4. The Commissioner shall annually publish and make available to the public an aggregated

and anonymized analysis of the information submitted as required pursuant to this

section.