WASHINGTON – The Federal Trade Commission has no authority to lump lawyers in with creditors in the enforcement of regulations that govern the prevention of identity theft, attorneys for the American Bar Association said in court papers filed in a federal appeals court in Washington, D.C.
The ABA brief, filed Friday in the U.S. Court of Appeals for the D.C. Circuit, responds to FTC papers that argue lawyers should be held to comply with so-called “red flag” rules requiring financial institutions and creditors to develop identity theft prevention programs.
