Tag Archives: Federal Trade Commission

LifeLock review

March 18, 2010 – 4:54 am

LifeLock settles dispute with the Federal Trade Commission
Much has been written here about LifeLock and their identity theft protection services. This week much was written elsewhere about LifeLock’s services and the settlement they reached with the Federal Trade Commission.
At the heart of the dispute was the question of whether LifeLock services can prevent every member [...]

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LifeLock review: FTC delays Red Flag Rules enforcement … AGAIN!

July 29, 2009 – 2:54 pm

The FTC announced today it will not begin enforcing the Red Flag Rules on August 1, as previously announced. This time they’ve extended creditors’ compliance deadline to November 1.
If you’ve ever seen the 1993 movie “Groundhog Day”, you have a glimpse of what it’s like to write about the Federal Trade Commission’s enforcement of the [...]

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After 5-year delay, FTC allows 6 months more before enforcement of Red Flag Rule

November 6, 2008 – 9:28 am

The Federal Trade Commission has suspended enforcement of the Red Flag Rule until May 1, 2009, to give financial institutions and creditors more time to develop their identity theft protection plans. The Red Flag Rule was established as part of the 2003 Fair and Accurate Credit Transactions (FACT) Act.
The Rule was intended to protect consumers [...]

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