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JEWELERS - PREVENT IDENTITY THEFTFebruary 27, 2011 Red Flags Rule FAQs
December 13, 2010
June 1, 2010 Special Update from Cecilia Gardner, At the request of several Members of Congress, the Federal Trade Commission is further delaying enforcement of the “Red Flags” Rule through December 31, 2010, while Congress considers legislation that would affect the scope of entities covered by the Rule. The Red Flags Rule is the law. The extension of the enforcement date only pertains to when the Federal Trade Commission can issue fines or institute enforcement proceedings. Jewelers should consider putting their Red Flags programs in place now. ORDER JVC's Red Flags Rule Compliance Kit Today Sponsored by GE Money
FTC REQUIRES A WRITTEN IDENTITY THEFT PREVENTION PROGRAM JVC's Members Price - $55 (including S&H) JVC's Non-Members Price - $105 (including S&H) Order Now! Association Members May Also Receive a Discount!JBT, AGS, DDC/NYC, AGTA and NCJA members who do not belong to JVC Association Members: Please click on the |
(All sales are final.)
JVC's Red Flags Rule Compliance Kit on CD, sponsored by GE Money, was created in the same format as JVC's PATRIOT Act Compliance Kit. JVC's Red Flags Rule Compliance Kit includes easy-to-use forms, templates and guidance on a CD for jewelers to develop their own Red Flags Rule Identity Theft Prevention Program.
JVC's Kit includes step-by-step templates covering a variety of topics, such as:
- who must establish a Red Flags program
- what accounts are covered by the Red Flags program
- how the Red Flags rule fits with other data security measures currently in place
- administering the program and educating staff
- and more.
Creditors Must Comply - Under the law, companies that offer credit to their customers, either though:
are covered by the rule, depending on how the credit arrangements are implemented. This can include companies that sell using "memo." |
The rules requires covered businesses to establish a written program designed to detect "red flags" indicating an identity thief at work, and to put in place a program to prevent such criminal activity. This program must be integrated into the daily operations of your business and can be tailored to the risks your credit program presents.
Jewelers can purchase JVC's Red Flags Rule Compliance Kit. JVC members' price is $55; non-members' price is $105. Shipping and handling included in both kit prices.
JVC members always receive deep discounts on JVC products and services.
JVC's expert legal compliance team will be available to answer jewelers' questions.
Does Not Provide Any Form Of Legal Advice.