Privacy and Security Alert: Breaking News: FTC "Red Flags Rule" Enforcement Delayed

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The Federal Trade Commission (FTC) announced today that it will suspend enforcement of the new identity-theft ?Red Flags Rule? from the rule?s compliance deadline of November 1, 2008 until May 1, 2009 to give creditors and financial institutions additional time to develop and implement the required written identity-theft prevention programs.

See full alert for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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