Which law mandates a 30-day delayed effective date for rules made by federal agencies?

The correct answer is the Administration Procedures Act (APA). This law is significant because it governs the process by which federal agencies develop and issue regulations. One of the key features of the APA is the requirement for a 30-day delayed effective date for rules, which aims to ensure that the public has adequate time to understand and prepare for new regulations. This provision is designed to promote transparency and allow stakeholders, including businesses and the general public, the opportunity to comment on proposed rules and adapt to them before they take effect.

In the context of real estate finance and other regulated industries, the APA's requirements help to balance the need for efficient regulation with the public's right to be informed and involved in the rulemaking process. This fosters an environment where the implications of new rules can be carefully considered, ultimately benefiting both the regulatory bodies and those affected by the rules.

While the Dodd-Frank Act, the SAFE Act, and the Consumer Financial Protection Act each play important roles in regulating financial practices, they do not specifically mandate a 30-day delay for the effective date of rules established by federal agencies in the same manner that the APA does. Instead, these acts focus on consumer protection and establishing frameworks for financial regulation, without the same procedural stipulations as the