With a June 1 enforcement date fast approaching, AOA continues to push for a permanent exemption for optometry practices from the overly burdensome Red Flags identity theft rule.
Under legislation passed in 2003, businesses determined to be “creditors” would be required to implement appropriate programs to prevent and detect identity theft.
The regulation is targeted primarily at banks and other financial institutions. However, the Federal Trade Commission (FTC) has indicated that optometry and other health care practices fit within the legislative definition of “creditors” and would be required to comply. Read the rest of this entry ?


