RULEMAKING.

SEC. 5873. [12 U.S.C. 1772e note] RULEMAKING. (a) In General.—The National Credit Union Administration Board 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 National Credit Union Administration Board— (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.