RED Flag Rule delayed again...

The Federal Trade Commission (FTC) again extended the enforcement deadline for the “red flags” rule until June 1, 2010. Enforcement was scheduled to begin on Nov. 1. The move follows the U.S. House of Representatives' approval last month of legislation that would exclude small businesses, including health care providers, with 20 or fewer employees from having to comply with the rule. Other businesses could petition the FTC for an exclusion on a case-by-case basis. The bill still needs to be considered by the Senate.