FTC Defers Red Flags Rule Enforcement to June 1, 2010

Posted by Jason Greis on November 9, 2009 under Articles | Be the First to Comment

On Oct. 30, 2009, the U.S. Federal Trade Commission (FTC) deferred enforcement of the Red Flags Rule once again, from Nov. 1, 2009 to June 1, 2010, “at the request of Members of Congress.” However, the FTC also acknowledged that earlier that day, the U.S. District Court for the District of Columbia had enjoined the FTC from applying the Red Flags Rule to attorneys. Importantly, the FTC’s deferral does not affect the separate timeline of that legal proceeding and any possible appeals. Nor does this deferral affect other federal agencies’ ongoing enforcement for financial institutions and creditors subject to their oversight. Read More...

GreisGuide to LTACHs Newsletter (October 2009)

Posted by Jason Greis on October 19, 2009 under Articles, eNewsletter | Be the First to Comment

This issue of the GreisGuide to LTACHs Newsletter contains articles and information on: Read More...

Red Flag Rules Update: Hope for Healthcare Providers

Posted by Jason Greis on October 18, 2009 under Articles | Be the First to Comment

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Red Flag Rules Deadline Extended: 1) Which Health Care Providers Must Comply, and 2) Requirements for Health Care Providers

Posted by Jason Greis on February 24, 2009 under Articles | Be the First to Comment

On October 22, the FTC announced that enforcement of its Identity Theft Red Flag Rules, originally scheduled to begin November 1, 2008, will now be delayed until May 1, 2009. The reason for the delay is that many entities, including health care providers, have been uncertain or even unaware of their coverage under the Rules until this point. The extension will allow covered entities more time to comply with the mandate to create and implement a written identity theft prevention program. The FTC is also planning to provide additional guidance as to Rules themselves and to which entities the Rules apply, but no date has been provided for this guidance. Read More...