Update On The Red Flags Rule

Posted by Rebecca Brommel in December 2009 on 12/1/2009

As you may recall from the September 2009 article in The Legal Monitor entitled “Federal Trade Commission Red Flags Rule,” the Federal Trade Commission Red Flags Rule was set to be enforced starting November 1, 2009. On October 31, 2009, the Federal Trade Commission announced that it was again delaying the enforcement date. The new enforcement date is June 1, 2010. There are still a number of proposals in front of the Federal Trade Commission to exempt certain professions and certain small businesses.  If you have any questions or concerns regarding the Red Flags Rule, please contact Rebecca Brommel at (515) 242-2452 orbrommel@brownwinick.com