1.  The Attorney General may adopt regulations establishing standards of conduct for registrants and any other regulations necessary to exercise the powers and carry out the duties of the Attorney General as set forth in this chapter.

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2.  The Commissioner and the Attorney General shall jointly adopt rules of practice establishing a procedure for processing complaints received concerning sellers and salespersons, whether or not the sellers and salespersons are registered pursuant to this chapter. The rules of practice:

(a) Must provide for the sharing of information and for the initial review of complaints by the Attorney General before mediation by the Commissioner; and

(b) May provide procedures for mediation by the Commissioner after initial review by the Attorney General.

3.  The Commissioner may adopt rules of practice necessary to administer and carry out the provisions of this chapter pertaining to the registration of sellers and salespersons. The rules of practice must not restrict the powers and duties of the Attorney General as set forth in this chapter.