The Federal Trade Commission (the “FTC” or “Commission”) is extending further its deferral of enforcement of the Identity Theft Red Flags Rule to November 1, 2009.1 This rule was promulgated pursuant to § 114 of the Fair and Accurate Credit Transactions Act (“FACTA”). Congress directed the Commission and other agencies to develop regulations requiring “creditors”2…
Tag: FACTA
LifeLock Files Motion to Reconsider
LifeLock issued a press release in which it says that it has filed a motion to reconsider in California’s U.S. District Court in the case of Experian v. LifeLock. Last month, the court had granted Experian’s motion for partial summary judgment and had blocked LifeLock from placing fraud alerts for customers. The court held that…