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Code · STATUTE-COMPILATIONS · James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 · Sec. 5852

Sec. 5852. RULEMAKING

128 words·~1 min read·/statute-compilations/comps-17475/sec-5852

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## SEC. 5852 RULEMAKING **[**[12 U.S.C. 5498 note](/us/usc/t12/s5498)**]** ###
(a)In General The Director of the Bureau of Consumer Financial Protection shall issue rules to carry out the amendments made by section 5851, which shall take effect not later than 2 years after the date on which final rules are promulgated under section 124(b)(2) of the Financial Stability Act of 2010, as added by section 5811(a) of this title. ###
(b)Scaling of Regulatory Requirements; Minimizing Disruption In issuing the rules required under subsection (a), the Director of the Bureau of Consumer Financial Protection— ####
(1)may scale data reporting requirements in order to reduce any unjustified burden on smaller regulated entities; and ####
(2)shall seek to minimize disruptive changes to the persons affected by those regulations.
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Sec. 5852
RULEMAKING
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