FTC Delays Red Flags Rule

The Federal Trade Commission has decided to delay enforcement of the Red Flags Rule until June 1, 2010.

As a result, jewelers covered by the rule now have several additional months to develop an Identity Theft Prevention Program as mandated by the Rule. The Commission had previously delayed enforcement of the Rule until November 1, 2009.

For more coverage on the Red Flag Rule, click here. For more information, also visit www.jvclegal.org.