Enforcement of Red Flags Rule Delayed to June 1, 2010Maximillian James "Max" Bodion, Ieuan Mahony and Peter I. "Pete" Sanborn
December 2, 2009 — 327 views
The Federal Trade Commission (FTC) recently announced it will further delay enforcement of the Red Flags Rule (Rule) until June 1, 2010, marking the fourth time the FTC has pushed back the enforcement deadline. Members of Congress, who are working on legislation to exempt certain businesses from the Rule, specifically requested the extension.