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Tag: Red Flag

FTC Will Grant Six-Month Delay of Enforcement of ‘Red Flags’ Rule

Posted on October 23, 2008 by Doug Cornelius

The FTC announced that they will suspend enforcement of the new “Red Flags Rule” until May 1, 2009, to give creditors and financial institutions additional time in which to develop and implement written identity theft prevention programs. The Identity Theft Rules are found at 16 C.F.R. Part 681.2. The FTC published a FTC Business Alert…

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