Red Flags Rule Enforcement Goes Into Effect by ProQuest

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Despite the lead time, plenty of companies still aren't prepared for enforcement, says Lisa Sotto, head of the privacy and information management practice in the law firm Hunton & Williams. "There still are many businesses that don't realize they may be impacted by the rule," she says. "The broad definition of the term 'creditor,' which could lead to applicability of the rule, continues to take companies by surprise."

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