SEC and CFTC publish proposed identity theft red flag rules for public comment *

USA - March 28 2012
On February 28, 2012, the Securities and Exchange Commission ("SEC") and the Commodity Futures Trading Commission ("CFTC") issued proposed rules and guidelines, requiring broker-dealers, mutual funds, and other SEC- and CFTC-regulated entities to create programs to detect and respond appropriately to "red flags" commonly associated with identity theft.

Co-authors: Mauricio F. Paez, Elaine Wallace , Katherine S. Ritchey.