The attorneys of InfoLawGroup have been very busy this summer, and August is no exception. In addition to our regular day-to-day work, we will (somehow) find the time to attend some great events in August. If you will be in San Francisco and/or Seattle later this month, please join us, we would love to see you.
The Federal Trade Commission will begin enforcing its Red Flags Rule this Sunday, November 1. Financial institutions and creditors that hold covered accounts, as defined under the Rule, must have written Red Flags identity theft prevention programs in place by November 1. Earlier today the American Bar Association reported that a federal judge in Washington, D.C., ruled that the FTC exceeded its authority by applying the Red Flags Rule to practicing lawyers. The FTC is expected to appeal today's ruling.