Red Flags Rule Delayed

Please be aware that on July 29, 2009, the Federal Trade Commission (FTC) announced that it will further delay enforcement of the Red Flags Rule until November 1, 2009 . The purpose of the delay is to give the FTC time to further educate businesses about compliance and to provide additional guidance on which businesses are covered by the Rule. We will keep you updated on the Rule as the information is finalized.

For the full text of the press release and for more information on the FTC’s Education Campaign on the Red Flags Rule, please visit: http://www.ftc.gov/opa/2009/07/redflag.shtm