(a) If any control person of the applicant does not currently reside or has not resided in the United States for at least ten years, the applicant shall engage a search firm to perform an investigative background report of such control person, which shall be submitted directly to the Commissioner in addition to other background information required in the application. Such firm must be able to demonstrate that it has sufficient resources and is properly licensed to conduct the background search. The search firm may not be affiliated with or be an interest of any of the persons who are the subject of the search. The report must be in English. The cost of the report shall be paid by the applicant or control person.

(b) The report shall contain the following, at a minimum:

(c) The report shall be accompanied by a search summary letter, which

(d) If the control person has had a report, containing at least the information listed in subdivision (b) of this section, prepared for another licensing agency within 12 months of the filing of the application, the control person may request that licensing agency or the search firm to submit a copy of that report to the Commissioner. If the control person elects to submit a prior report as authorized in this subdivision, the control person shall also submit a statement of no material change in items in the report.