More Time Allowed for Identity Theft Compliance

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ON-DEMAND: <a href="Distance_Learning/On-Demand_Webcasts/OD_Net_Tuition_Revenue_Price_and_Enrollment_How_Can_you_Achieve_Balance.html">Net Tuition Revenue, Price and Enrollment: How Can you Achieve Balance?

May 8, 2009

The Federal Trade Commission (FTC) has announced an extension of the compliance deadline until August 1 for creditors and financial institutions to adopt written identity theft prevention policies under its new Red Flags regulation.

The agency also promised to provide a template to help low-risk entities, such as those which know their customers personally, comply. When available, the template will be posted on the FTC resource page. A useful 17-page guide to compliance is also available on that Web site.

NACUBO Resources

NACUBO’s Red Flags Rule resource page provides links to the regulation, sample college policies, and more.