The House of Representatives passed H.R. 3763, a bill that amends the Fair Credit Reporting Act to provide for an exclusion from Red Flag Guidelines for certain businesses. As passed by the House, the following would not be considered “creditors” under the new Red Flag Rules: a health care practice with 20 or fewer employees…
Tag: red flag rules
Bar groups protest “red flag” rules
The New York State Bar Association Monday became the latest bar group to protest new Federal Trade Commission rules requiring lawyers to become involved in preventing identity theft, calling the move unauthorized, unnecessary and destructive to the attorney-client relationship. The State Bar’s objections follow those submitted last week by the American Bar Association and the…