FTC delays enforcement of Red Flag Rules against Physicians
The Federal Trade Commission recently issued a press release delaying the compliance deadline of the red flag rules until December 31, 2010. Then, on June 25, 2010, the FTC and several medical groups stipulated that the FTC will not enforce its red flag rules against physicians who are members of the American Medical Association, American Osteopathic Association, and the Medical Society of the District of Columbia until the D.C. Circuit issues a decision in American Bar Ass’n v. FTC (in which the American Bar Association sought a declaration that the FTC’s application of the red flag rules to lawyers was unlawful).
For more information on the red flag rules, please contact Abby Pendleton, Esq. or Jessica L. Gustafson, Esq. at (248) 996-8510, or visit the HLP website.