Red Flags Rule
The Red Flags Rule is an FTC (Federal Trade Commission) rule requiring organizations to implement reasonable processes and procedures to detect, prevent, and mitigate identity theft.
News Update: December 18, 2010
PHYSICIANS ARE EXEMPT FROM THE RED FLAGS RULE.
President Obama signed the Red Flag Program Clarification Act of 2010, which redefines the term "creditor." As a result, after five postponements of its proposed effective date, the Red Flags Rule does not apply to physicians.
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