FTC Extends Enforcement Deadline
At the request of several Members of Congress, the Federal Trade Commission is further delaying enforcement of the “Red Flags” Rule through December 31, 2010, while Congress considers legislation that would affect the scope of entities covered by the Rule. Today’s announcement and the release of an Enforcement Policy Statement do not affect other federal agencies’ enforcement of the original November 1, 2008 deadline for institutions subject to their oversight to be in compliance.
Management Talking Points for Mobile Banking
The results of Dan’s research into Mobile Banking for smaller, community-based banks. (A Dan’s New Leaf Post)