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Red Flag Rule Postponed Until May 1, 2009, In order to comply with Federal Trade Commission Rule 16 CFR Part 681.2, known as the Red Flag Rule,
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Who needs red flag rule postponed?

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Individuals who are directly affected by the red flag rule and need more time to comply.
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The Red Flag Rule postponed refers to the delay in enforcement of the Red Flags Rule, which requires certain businesses to implement identity theft prevention programs.
Financial institutions and creditors are required to file the Red Flag Rule postponed.
The Red Flag Rule postponed must be filled out by identifying potential red flags for identity theft, detecting red flags, and responding appropriately to any red flags that are detected.
The purpose of the Red Flag Rule postponed is to help protect consumers from identity theft by requiring businesses to implement procedures to detect and respond to potential red flags of identity theft.
The Red Flag Rule postponed requires businesses to report on their identification of red flags for identity theft, detection methods used, and response procedures in place.
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