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Industry News: Federal Trade Commission

FTC Extends Enforcement Deadline for Identity Theft Red Flags Rule

Posted on June 26, 2010

At the request of several Members of Congress, the Federal Trade Commission is further delaying enforcement of the “Red Flags” Rule through December 31, 2010, while Congress considers legislation that would affect the scope of entities covered by the Rule. Today’s announcement and the release of an Enforcement Policy Statement do not affect other federal agencies’...

AMA meeting: Physicians should not fall under "red flags" rule

Posted on August 13, 2010

Jon Leibowitz, the head of the Federal Trade Commission (FTC), tells AMA delegates that although the agency is delaying enforcement of the security rule, it is Congress' responsibility to exempt physicians from it. Physicians should not be required to follow the so-called red flags rule that requires anyone offering credit to develop and implement written identity theft prevention and...