123 
‘‘(A) REGULATIONS.—Each of the 
functional regulatory agencies shall 
prescribe such regulations as may be 
necessary, consistent with the stand-
ards in paragraph (1), to ensure com-
pliance with this section with respect 
to the persons subject to the jurisdic-
tion of such agency under subsection 
(l). 
‘‘(B) MISUSE OF UNIQUE COLOR AND 
TITLES
OF
NOTICES.—Any person who 
uses the unique color and titling 
adopted under paragraph (1)(A) for 
notices under subsection (f)(1) in a 
way that is likely to create a false be-
lief in a consumer that a communica-
tion is such a notice shall be liable in 
the same manner and to the same ex-
tent as a debt collector is liable under 
section 813 for any failure to comply 
with any provision of the Fair Debt 
Collection Practices Act. 
‘‘(4) PROCEDURES AND DEADLINE.— 
‘‘(A) PROCEDURES.—Standards and 
guidelines issued under this sub-
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section shall be issued in accordance 
with applicable requirements of title 
5, United States Code. 
‘‘(B) DEADLINE FOR INITIAL STAND-
ARDS AND GUIDELINES.—The standards 
and guidelines required to be issued 
under paragraph (1) shall be pub-
lished in final form before the end of 
the 9-month period beginning on the 
date of the enactment of the Financial 
Data Protection Act of 2006. 
‘‘(C) DEADLINE
FOR
ENFORCEMENT 
REGULATIONS.—The 
standards 
and 
guidelines required to be issued under 
paragraph (2) shall be published in 
final form before the end of the 6- 
month period beginning on the date 
standards and guidelines described in 
subparagraph (B) are published in 
final form. 
‘‘(D) AUTHORITY
TO
GRANT
EXCEP-
TIONS.—The 
regulations 
prescribed 
under paragraph (2) may include 
such additional exceptions to this sec-
tion as are deemed jointly by the func-
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tional regulatory agencies to be con-
sistent with the purposes of this sec-
tion if such exceptions are necessary 
because of some unique aspect of the 
entities regulated or laws governing 
such entities; and such exemptions are 
narrowly tailored to protect the pur-
poses of this Act. 
‘‘(E) CONSULTATION AND COORDINA-
TION.—The Secretary of the Treasury, 
the Board of Governors of the Federal 
Reserve System, and the Commission 
shall consult and coordinate with the 
other functional regulatory agencies 
to the extent appropriate in pre-
scribing regulations under this sub-
section. 
‘‘(F) FAILURE TO MEET DEADLINE.— 
Any agency or authority required to 
publish standards and guidelines or 
regulations under this subsection that 
fails to meet the deadline for such 
publishing shall submit a report to 
the Congress within 30 days of such 
deadline describing— 
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‘‘(i) the reasons for the failure 
to meet such deadline; 
‘‘(ii) when the agency or au-
thority expects to complete the 
publication required; and 
‘‘(iii) the detriment such fail-
ure to publish by the required 
deadline will have on consumers 
and other affected parties. 
‘‘(G) UNIFORM IMPLEMENTATION AND 
INTERPRETATION.—It is the intention of 
the Congress that the agencies and 
authorities described in subsection 
(l)(1)(G) will implement and interpret 
their enforcement regulations, includ-
ing any exceptions provided under 
subparagraph (D), in a uniform man-
ner. 
‘‘(5) APPROPRIATE EXEMPTIONS OR MODI-
FICATIONS.—The Secretary of the Treasury, 
the Board of Governors of the Federal Re-
serve System, and the Commission, in con-
sultation with the Administrator of the 
Small Business Administration and the 
functional regulatory agencies, shall pro-
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