Posted on May 5, 2009 4:01 PM
The FTC has delayed the enforcement of the new "Red Flags Rule" again. The new enforecement date is now extended to August 1, 2009. This does NOT affect other federal agencies' enforcement of the original November 1, 2008 dealine (i.e. FDIC, OCC, Federal Reserve, OTS, NCUA).
To read the Press Release visit http://www.ftc.gov/opa/2009/04/redflagsrule.shtm