TITLE

Enforcement of 'Red Flags' delayed again

PUB. DATE
August 2009
SOURCE
AHA News;8/3/2009, Vol. 45 Issue 16, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of the U.S. Federal Trade Commission (FTC) to extend its delay in enforcing the "Red Flags" rule until November 1, 2009 to give more time for creditors and financial institutions to review guidance and implement programs to prevent identity theft. Requirements for financial institutions and creditors under the rules are discussed. According to the FTC, it plans to provide additional information to clarify whether organizations are covered by the rule and things they must do to comply with the rules.
ACCESSION #
43918750

 

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