; (ii) a cure period offered to the broker during which the broker can cure the violation; and (iii) if the broker fails to cure the violation, civil or criminal penalties which include— (I) the revocation of any broker license granted to the violator; and (II) a ban on the violator being granted any other professional license for a period of not less than 5 years. (G) Public availability of disciplinary actions The law requires the State agency in charge of licensing brokers to maintain a website that lists all disciplinary actions taken against brokers. (3) Bureau broker licensing Not later than the end of the 12-month period beginning on the date of enactment of this section, the Director shall establish a Federal broker licensing program that, to the extent practicable, meets the requirements for a covered broker licensing law described under paragraph (2). (4) Effective date (A) In general Subsection (a) shall take effect after the end of the 2-year period beginning on the date of enactment of this section. (B) Safe harbor Notwithstanding subsection (a), a person acting as broker in a State on the date of enactment of this section who has applied for a broker license under a State covered broker licensing law (or, with respect to a State that does not have a covered broker licensing law, with the Federal broker licensing program established under paragraph (3)) may continue to act as a broker in such State while the application is pending. (d) Rulemaking The Director may issue such rules as may be necessary to carry out this section. (e) Penalties (1) Civil penalties Any person who violates a provision of this section shall— (A) be fined not less than $5,000 and not more than $72,000; (B) disgorge any funds or other property obtained in connection with such violation; (C) in the case of an individual licensed as a broker by the Bureau, have such license suspended for 1 year