| Subject: | FTC Announces Delay In Enforcement of Red Flags Rule |
| Category: | Miscellaneous (MISC)
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| Published: | Mon, 4 May 2009 - 10:00 am |
| The Federal Trade Commission (FTC) will delay enforcement of the new "Red Flags Rule" until August 1, 2009, to give creditors and financial institutions more time to develop and implement written identity theft prevention programs. The FTC's announcement does not affect other federal agencies' enforcement of the original November 1, 2008 compliance deadline for institutions subject to their oversight. The Fair and Accurate Credit Transactions Act of 2003 (FACTA) directed... The full article is available to StayAlert subscribers. Click here for a free trial subscription. |
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