FTC Red Flags Rule Compliance Deadline Delayed to June 2010

Businesses that extend credit are required by this rule to implement a written identity theft prevention program. The compliance deadline for small businesses was extended from November 1, 2009 to June 1, 2010. The FTC announcement is posted on its Web site.

ADA-supported legislation (H.R. 3763), to exempt certain small businesses with 20 or fewer employees from the rule, has been approved in the House of Representatives and is currently being considered in the Senate. The ADA has worked very hard lobbying members of Congress and FTC representatives, and to get dentists to raise the issue with their respective representatives. You can read about their efforts here . CDA will continue to monitor this issue and provide updates on cda.org and on cdacompass.com.