UPDATE: The Red Flags Rule Postponed!
FTC postponed Red Flags. As many entities have been scrambling to get their anti-identity theft programs in place by August 1, the Federal Trade Commission (FTC) announced that it would be pushing back enforcement of the Red Flags Rule until November 1. The purpose of this is to continue to educate entities regarding the Red Flags Rule and their obligations under it. The FTC plans to make available additional guidance for low-risk entities as many of them are uncertain about their roles and obligations under the Red Flags Rule. For entities that have are unsure about whether or not the Red Flags Rule applies to them or have not yet adopted an anti-identity theft program should consult with a qualified healthcare law firm to assist.
For more information, please call Abby Pendleton, Esq. or Jessica L. Gustafson, Esq., Adrienne Dresevic, Esq. or Carey F. Kalmowitz, Esq. at (248) 996-8510 or visit The HLP website.