FTC Delays Enforcement of “Red Flags” Rule. Again.
Kegler Brown Business Tax Alert May 28, 2010
On May 28th, at the request of several members of Congress, the Federal Trade Commission announced that it is further delaying enforcement of the “Red Flags” Rule through December 31, 2010. The delay is designed to give Congress time to consider legislation that would affect the scope of entities covered by the Red Flags Rule.
For more information on the Rule, please refer to Kegler Brown’s recent Business Tax Alert from May 21st.