In the last hour, the news broke that the FTC has again extended the compliance deadline for the FACTA Red Flags Rule, this time to December 31, 2010, "[a]t the request of several Members of Congress." The FTC's press release of this morning is here. This is the fifth time the FTC has extended the enforcement deadline. As usual, the FTC's extension does not affect "other federal agencies' enforcement of the original November 1, 2008 deadline for institutions subject to their oversight."
The FTC extended the deadline for enforcement of the Red Flags Identity Theft Rule. The new enforcement deadline is June 1, 2010. The deadline was extended at "the request of Members of Congress." www.ftc.gov/opa/2009/10/redflags.shtm