A regulation created by the Federal Trade Commission (FTC) under the authority of the Fair and Accurate Credit Transactions Act of 2003.  This regulation requires financial institutions and creditors to implement measures to detect and prevent identity theft. The original FTC rule was circumscribed by the Red Flag Program Clarification Act of 2010, which limited the definition of “creditors” to exclude any creditor “that advances funds on the behalf of a person for expenses incidental to a service.” The act in effect allowed lawyers, some doctors and other service type companies to avoid implementing Red Flag credit measures.