FTC “Red Flag” Identity Theft Rules Delayed Until May 1, 2009

Nick Fishman

The FTC has just announced that they were delaying enforcement of their “Red Flag” rules on Identity Theft until May 1, 2009.  However, it is important to note that these rules are different from the Address Discrepancy Rules we recently conducted a Webinar on with Seyfarth Shaw attorney, Pam Devata.

I just spoke with Pam and it is still her position that employers who are using credit reports should still comply with the November 1, 2008 deadline for having a written policy in place.

We’ll keep you posted as we learn more.

Nick Fishman
Follow Me

Nick Fishman

Nick Fishman is the co-founder of EmployeeScreenIQ, a leading, global employment background screening provider, and serves as the company’s executive vice president and chief marketing officer. He pioneered the creation of EmployeeScreen University, the #1 educational resource on employment background checks for human resources, security and risk management professionals. A recognized industry expert, Nick is a frequent author, presenter and contributor to the news media. Nick is also a licensed private investigator in the states of Ohio and Texas.
Nick Fishman
Follow Me
Tweet
Share
Email
Share