Required by the Fair and Accurate Credit Transaction Act of 2003 (FACTA), which of the following is an anti-identity theft rule created by federal bank regulatory agencies (the Fed, FDIC, OTS, OCC, and NCUA) and the FTC?

Privacy Rule

Safeguards Rule

Pretexting Rule

Red Flags Rule

The Red Flags Law relies upon commercial banks and investors to put red flags in order to identify and deter identity fraud. Institutions must have a documented policy for the protection of fraud to control the organization and secure their clients.

Other options are incorrect because they are not related to the FACTA that is anti-identity theft rule.

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Required by the Fair and Accurate Credit Transaction Act of 2003 (FACTA), which of the following is an anti-identity theft rule created by federal bank regulatory agencies (the Fed, FDIC, OTS, OCC, and NCUA) and the FTC? Privacy Rule Safeguards Rule Pretexting Rule Red Flags Rule

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Required by the Fair and Accurate Credit Transaction Act of 2003 (FACTA), which of the following is an anti-identity theft rule created by federal bank regulatory agencies (the Fed, FDIC, OTS, OCC, and NCUA) and the FTC?

Privacy Rule

Safeguards Rule

Pretexting Rule

Red Flags Rule