FTC Delays Red Flag Enforcement


FTC Announces Expanded Business Education Campaign on ‘Red Flags’ Rule

To assist small businesses and other entities, the Federal Trade Commission staff will redouble its efforts to educate them about compliance with the “Red Flags” Rule and ease compliance by providing additional resources and guidance to clarify whether businesses are covered by the Rule and what they must do to comply. To give creditors and financial institutions more time to review this guidance and develop and implement written identity theft prevention Programs, the FTC will further delay enforcement of the Rule until November 1, 2009.

The entire press release is available at http://www.ftc.gov/opa/2009/07/redflag.shtm

To learn more about Red Flag, or to register for an upcoming free EasyRedFlag webinar, please visit www.EasyRedFlag.com.

Thomas Conwell

President and founder, Credit Technologies, Inc. Past President/Director National Consumer Reporting Association (NCRA.)