Tag Archives: Red Flags

SEC and CFTC Propose Identity Theft Prevention Rules

Reflective of an increased interest in data privacy concerns, on February 28, 2012, the Securities and Exchange and Commodity Futures Trading commissions jointly released proposed rules designed to protect investors from identity theft by mandating the creation of programs to detect potential security threats.  The proposed rules are meant to implement Title X of the … Continue Reading

FTC Enforcement of the Red Flags Rule Likely to Begin January 1

Since 2008, the Federal Trade Commission (“FTC”) has announced multiple times that it would delay enforcement of the Red Flags Rule.  The last Enforcement Policy  announced a delay through December 31, 2010, so that Congress could consider legislation regarding the scope of entities covered by the Rule.  The Rule applies to “financial institutions” and “creditors” … Continue Reading
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