Under pressure from Congress, the Federal Trade Commission has agreed to postpone enforcement of its "Red Flags" rule that requires lawyers, doctors and other professionals to develop written identity theft prevention programs. Both the American Bar Association and the American Medical Association have sued the agency, arguing that imposing the identity theft rule requirements on their members is arbitrary, capricious and has no legally supportable basis.
June 01, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Under pressure from Congress, the Federal Trade Commission has agreed to postpone enforcement of its “Red Flags” rule that requires lawyers, doctors and other professionals to develop written identity theft prevention programs.
Both the American Bar Association and the American Medical Association have sued the agency, arguing that imposing the identity theft rule requirements on their members is arbitrary, capricious and has no legally supportable basis.
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