Answer:
Section 1400(c) REGULATIONS; EFFECTIVE DATE.—
(1) REGULATIONS.—The regulations required to be prescribedunder this title or the amendments made by this titleshall—
(A) be prescribed in final form before the end of the18-month period beginning on the designated transfer date;and
(B) take effect not later than 12 months after thedate of issuance of the regulations in final form.
The transfer date is not until July 2011, so there is plenty of time before you will see the final regulations and then up to a year afterward to comply. It could be as late as Jan. 2014.
First published on BankersOnline.com 11/08/10