FTC Extends Enforcement Deadline for Identity Theft Red Flags Rule
At the request of several Members of Congress, the Federal Trade Commission is further delaying enforcement of the “Red Flags” Rule through December 31, 2010, while Congress considers legislation that would affect the scope of entities covered by the Rule. Today’s announcement and the release of an Enforcement Policy Statement do not affect other federal agencies’ enforcement of the original November 1, 2008, deadline for institutions subject to their oversight to be in compliance.

For more info go to: http://www.ftc.gov/opa/2010/05/redflags.shtm