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The Federal Trade Commission is delaying enforcement of the Red Flags Rule until June 1, 2010 for financial institutions and creditors subject to enforcement by the FTC.

The Rule was established under the Fair and Accurate Credit Transactions Act, in which Congress directed the FTC and other agencies to develop regulations requiring creditors and financial institutions to address the risk of identity theft.

Questions about how this affects your background check? Visit http://www.ftc.gov/opa/2009/10/redflags.shtm, www.CorporateScreening.com, or contact your Corporate Screening Background Check Account Representative.