The Federal Trade Commission said it would delay enforcement of what's known as the "red flag" rule from Nov. 1 to May 1, 2009. The rule requires that creditors—currently construed by FTC staff to include healthcare providers that accept deferred payment—adopt programs to identify and respond to indicators of identity theft.

This delay in enforcement is limited to the Identity Theft Red Flags Rule (16 C.F.R. § 681.2), and does not extend to the rule regarding address discrepancies applicable to users of consumer reports (16 C.F.R. § 681.1), or to the rule regarding changes of address applicable to card issuers (16 C.F.R. § 681.3).

You may view a copy of the full text of the announcement in our Of Interest section.