Red Flags Rule Postponed to August 1
The Federal Trade Commission (FTC) announced Thursday, April 30, it is postponing implementation of its Red Flags Rule “to give creditors and financial institutions more time to develop and implement written identity theft prevention programs.” The FTC also announced that it is developing templates for smaller businesses that “know their customers,” such as providers.
See the official announcement on the FTC Web site, and watch EdgeBlast and Coding Edge for more information.
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