ANSWERS: 1
  • According to the Pillsbury Law Website, the Federal Trade Commission (FTC) implemented a new law on identity theft "red flags," being enforced on June 1, 2010. The Red Flag Rule could harm many small businesses due to the compliance costs. Those who must comply are banks, financial institutions, hospitals and those businesses which accept cards as payments.

    Source:

    Federal Trade Commision

    Red Flag Rule

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