Sec. 5863. RULEMAKING
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## SEC. 5863 RULEMAKING **[**[12 U.S.C. 253 note](/us/usc/t12/s253)**]** ###
(a)In General The Board of Governors of the Federal Reserve System shall issue rules to carry out the amendments made by this subtitle, 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 Board of Governors of the Federal Reserve System— ####
(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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