Article
The FTC's Red Flags Rule Update: Revised Definition Of Creditor
Under the Red Flags Rule (the "Rule"), part of the
Fair and Accurate Credit Transactions Act that came into effect on
January 1, 2008, certain businesses such as financial institutions
and creditors are required to develop a set of rules to detect,
prevent, and mitigate identity theft.
Burr Pilger Mayer
