ABA

ABA v. FTC – Fighting Over Identity Theft Procedures/Rules

by Karen Oakes, Southern Oregon Bankruptcy Attorney

The American Bar Association has filed a lawsuit in the District Court in the District of Columbia seeking declaratory judgment against the Federal Trade Commission applying the new “Red Flag Rule” to attorneys. “Red Flag Rules” are supposed to protect consumers against identity theft by ensuring procedures are put in place by creditors to “flag” illegal activity.