Compliance, CFPB to Take Center Stage at Industry Summit
Industry Summit 2015 will feature three workshops and two panel discussions that will address the current regulatory climate, provide a review of the current rules and regulations, and provide practical tips on how F&I managers can make compliance work for them.
LAS VEGAS — Compliance will take center stage at Industry Summit 2015, with the event’s program featuring five sessions — three workshops and two panels — that will provide an update on the industry’s campaign against regulatory overreach, a review of the current rules and regulations governing the F&I office, and tips on how F&I managers can make compliance work for them.
The compliance portion of Industry Summit’s 2015 program opens on Thursday, Sept. 10, at 9 a.m. with a keynote address from Andy Koblenz, executive vice president of legal and regulatory affairs and general counsel for the National Automobile Dealers Association (NADA). He will take attendees inside the industry’s biggest regulatory challenges, including the Consumer Financial Protection Bureau (CFPB).
“Andy has been at the forefront of the NADA’s advocacy efforts since 2006,” said David Gesualdo, publisher of Auto Dealer Monthly and F&I and Showroom magazines. “If you want to know what the CFPB’s activities mean to your operation, you can’t afford to miss his presentation.”
Following Koblenz’s address will be “From the Board Room,” a panel discussion that will include Tim Blockowiak of Protective Asset Protection, Alan Bond of GSFSGroup, John Luckett of Resource Agent Group/First Extended, and Eric Mélon of IAS. They will delve into a host of topics, including reports that the CFPB is turning its sights toward F&I product sales. The session will be moderated by Gregory Arroyo, editorial director of F&I and Showroom and Auto Dealer Monthly magazines.
George Angus, considered the Father of the F&I Menu, will take to the stage at 11:15 a.m. on Thursday, Sept. 10, to deliver “Making Compliance Work for You.” During his session, Angus will address the current regulatory climate and will reveal some of the strategies and techniques that have allowed some of the industry’s top dealerships to use rules and regulations to their advantage.
Tariq Kamal, managing editor of Auto Dealer Monthly, will then moderate “Passing the Compliance Test,” a panel that will include Lewis Kuhl, senior counsel and director of regulatory compliance for GSFSGroup, David Robertson, executive director of the Association of Finance and Insurance Professionals, Damon Wiener, vice president and general counsel of Safe-Guard Products International, and Mad Marv Eleazer, finance director at Langdale Ford in Valdosta, Ga.
“You’re going to hear from F&I product execs, agents and even dealers about the current regulatory climate,” said Arroyo. “And in between those discussions, we have George Angus leading a workshop on how to make the rules and regulations work for you. We couldn’t put together a better mix.”
Rounding out Industry Summit’s compliance sessions will be Courtney Hennessey, manager of learning and development for Ally Financial. She will present “Compliance: Current Trends & Management Risk” at 2 p.m. on Thursday, Sept. 10. She will delve into recent headlines and provide an update on the rules and actions in the compliance arena.
“Courtney is going to provide attendees with the resources they need to keep them, their F&I teams and their dealerships out of the regulatory crosshairs,” Arroyo said. “This will be a must-attend session.”
Originally posted on F&I and Showroom
More Dealer Ops

Dealer Debrief: Defection Data & EV Updates
In this week's debrief, host Lauren Lawrence discusses how to use defection data to your advantage and the latest on EV sales and charging infrastructure.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Dealer Debrief: Where are you losing customers?
In this week's debrief, host Lauren Lawrence discusses the hidden leaks in dealerships where you might be losing customers without even realizing it.
Read More →
Dealer Debrief: Improving Your Inventory Management
In this week's debrief, host Lauren Lawrence covers a new survey that shows what service technicians really want and two launches that could help improve your inventory and vehicle life cycle management.
Read More →
Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
What Market Timing Mistakes Mean for Your Reinsurance Program
When volatility hits, dealer-owned reinsurance programs face a familiar temptation: pull back and wait for calmer waters. New data from BOK Financial shows why that instinct can quietly cost you years of surplus growth.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
