[ Friday, May 28, 2010 ]
The FTC has again delayed
the Red Flags Rule enforcement date. What was scheduled to be effective Tuesday is now re-delayed through the end of the year.
As noted below
, this comes on the heels of the AMA taking the litigation tactic that the ABA used so well for the attorney's organization. While there are different arguments as to why lawyers or doctors should or should not be subject to the Red Flags Rule, and litigation might not be the right first response for the AMA (it pretty much should be expected for the ABA), it is the failure of the FTC to reasonably address the AMA's concerns (and the concerns of Congress for small businesses) that has brought us all to this point.
Hat tip: Alan Goldberg.
Jeff [12:21 PM]
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