The American Bar Association filed suit Thursday against the Federal Trade Commission in the U.S. District Court for the District of Columbia, seeking to block application of the so-called "Red Flags Rule" to practicing lawyers. The ABA has been lobbying for months to exempt lawyers from the regulations requiring businesses and organizations that act as "creditors" to establish a program for preventing ID theft. The ABA's complaint says applying the rule to lawyers is "arbitrary, capricious and contrary to law."
ABA Sues FTC Over Applying Creditor 'Red Flags Rule' to Lawyers
The National Law Journal
August 28, 2009