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FTC Issues Red Flag Rules Reminder; Ensuring IT is Ready as Unlimited Liability Looms on the Horizon
Monday, August 25, 2008
Abstract
Financial Institutions and "Creditors" are subject to the Red Flag regulation but what companies might overlook is the definition as to what constitutes a creditor. Companies need to ascertain if they are fall under this classification since, if they need, they need to comply with the FTC regulation. The author gives an overview of the rules and who they affect.
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