Red Flags Rule deadline pushed back again
Remember that August 1 deadline for the Red Flags rule? Never mind.
The Federal Trade Commission announced July 29 that—for a third time—it has pushed back enforcement of the anti-fraud regulations until November 1, a full year after it was first scheduled to take effect.
The additional three months—which comes at the request of the House Appropriations Committee—will be used to educate small businesses about Red Flag compliance and to allow financial institutions and creditors more time to implement written identity theft prevention programs, according to the FTC.
Read the full story by HealthLeaders Media’s John Commins.
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