(a) Professional contests and exhibitions of mixed martial arts must be conducted under the direct supervision and authority of the commission.

(b) Professional combatants and all professional matches or exhibitions shall be approved by the commission. The commission may review the combatant's experience, qualifications, medical records, win-loss record and training record, including any footage of the combatant’s prior experiences, as part of its determination whether to issue or renew any professional mixed martial arts license or whether to approve a specific match or exhibition.