FTC delays Red Flags Rule enforcement again
HIPAA Weekly Advisor, June 7, 2010
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The Federal Trade Commission (FTC) delayed enforcement of the Red Flags Rule for a fifth time May 28, this time extending the date an additional seven months.
Enforcement, which was scheduled to begin June 1, is now slated to start December 31. The FTC states on its website that the delay comes at the request of Congress as it “considers legislation that would affect the scope of entities covered by the rule.”
Healthcare entities defined as “creditors” by the FTC must still comply with the rule by implementing a program to prevent and detect cases of identity theft. Compliance date was November 1, 2008.
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