And Yet Another Delay....Red Flags Rule Enforcement Date Pushed Back Until June 2010
The Federal Trade Commission (FTC) announced that it will delay the enforcement of its Red Flags Rule for a fourth time, extending the start date to June 1, 2010. The FTC previously delayed enforcement until November 1, 2009, but decided on the further extension due to a request from members of Congress.
The Red Flags Rule addresses identity theft and requires certain "creditors" to develop identity theft prevention programs. You can learn about the specific requirements of the Red Flags Rule in a prior DGS post.
