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FTC Extends Final Red Flag Compliance Deadline for Creditors
Date:10/28/2008

ding changes of address applicable to card issuers.

3. This is not an extension of the deadline. It is a forbearance, or delay of enforcement action, for violation of the Identity Theft Red Flag Rules until May 1, 2009. The result for many is the same -- extra time to achieve compliance -- but the message is clear: Creditors need to get their program in place as quickly as possible.

Since the announcement of FACTA Section 114 in October 2007, NXG Strategies, LLC, has been at the forefront of Red Flag legislation. In addition to its highly praised webinar series, NXG also has an end-to-end solution for detecting, preventing and mitigating identity theft plus templates for completing a written plan for Red Flag, including sample policies and procedures.

NXG Strategies, LLC is a pioneer in identity theft resolution and corporate breach mitigation. Associations have partnered with NXG for education and best-in-class Red Flag tools and solutions. For details about NXG's Red Flag webinar series, complete solution for Red Flag, or association sponsorship opportunities, visit http://www.redflagrules.net and http://www.redflagsolutions.com or visit our corporate website at http://www.nxgstrategies.com.

Contact:

Sally King - COO

615-823-1311

sally.king@nxgstrategies.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.


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SOURCE NXG Strategies, LLC
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