Law Practice
Mar. 8, 2011
Lawyers Exempted From Red Flags Rule
Lawyers and law firms do not fall under a Federal Trade Commission regulation designed to stymie identity theft known as the red flags rule, a federal appeals court ruled Friday.
Daily Journal Staff Writer
WASHINGTON - The U.S. Federal Trade Commission does not have the authority to regulate lawyers or law firms under a law designed to stymie identity theft, the U.S. Court of Appeals for the D.C. Circuit ruled Friday.
The appeals court found Congress exempted the legal profession in a law clarifying what falls under a regulation known as the red flags rule.
The court's finding effectiv...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In