FTC suspends enforcement of identity theft regulation 

Posted: 1:00 am Wed, July 29, 2009
By admin

Facing fire from lawmakers as well as doctors and lawyers, the Federal Trade Commission has decided to delay enforcement of its controversial “Red Flags Rule” for a third time, postponing Saturday’s effective date for another three months. Under the rule, the FTC requires creditors to have written policies and procedures in place to prevent identity theft. ...