We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

FTC Delays Enforcement of Red Flags Rule for Fourth Time

30 October 2009

The Federal Trade Commission (FTC) announced today that it is delaying enforcement of its FACTA Red Flags Rule until June 1, 2010 “[a]t the request of Congress.”  This is the fourth time the FTC has delayed the controversial red flags rule and it follows shortly on the heels of the U.S. District Court for the District of Columbia's ruling that the Red Flags Rule does not apply to lawyers.  It also follows the House of Representatives' unanimous passage last week of HR 3763, which proposes to amend FCRA to exempt certain small businesses from the Red Flags Rule.  The FTC's Red Flags Rule has been marred by confusion and uncertainty since it was proposed in July 2006.

Timothy Tobin

Loading data