FTC delays Red Flags Rule enforcement until November 1st

The Federal Trade Commission (FTC) has delayed the enforcement date of the Red Flags Rule until November 1st. This regulation requires creditors and financial institutions to develop identity theft prevention programs.

Practices should continue to develop their Red Flag Identity Theft Plans to insure that they meet the November 1st deadline.

The AMA has created a Red Flag Sample Policy that group practices can use to formulate their own red flag policy.