Friday, May 1, 2009

FTC Grants 90 Day Delay of Enforcement of ‘Red Flags’ Rule Requiring Creditors and Financial Institutions to Adopt Identity Theft Prevention Policy

How about this?

The Federal Trade Commission 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.

Here is the FTC website announcement,

1 comment:

George Jenkins said...

John: I was hoping that you'd have some comments or opinions about this delay. After all, this is the second delay. Identity thieves aren't waiting until the economy improves.