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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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  1. 23 January, 16:36
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    Red Flags Rule

    Explanation:

    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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