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compliance

Safeguards Compliance: Carrots and Sticks

Like the money you spend for a DMS, the money you spend to protect its contents could be the best check you write every month. It all depends on how you look at it.

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The Cost of Compliance Just Went Up. Again.

The unintended consequence of the revised Safeguards Rule is that, faced with high costs, a dealer may reasonably believe that doing nothing is an attractive option. That option is attractive, but not viable.

Fair Credit Compliance in the Last 20 Years

The genesis for Fair Credit Compliance, was to help dealers deflect claims of discriminatory pricing and payment packing, both of which were more prevalent than they are today.

Credit Bureau Connection Acquires Dealer Safeguard Solutions

Creates a comprehensive workflow and compliance platform for auto dealers nationwide.

Last Chance: Secure Your Spot at Compliant Summit

Included in the event registration, all attendees will be eligible to sign up and take the ACE certification exam in one of four disciplines: F&I Specialist, Sales Management Specialist, Compliance Officer, and ACE’s newest offering, Safeguards Specialist.

Auto Marketing Company Banned from Industry Under FTC Order

Commission unanimously finds Traffic Jam Events violated the law with false claims about affiliation with government stimulus program and deceptive prize mailings.

Create a Compliance Test for Interviews

You can create a simple test deal file and pop quiz to administer during the interview process that will tell you how compliant the applicant really is, vis-a-vis your compliance standards.

Register Today for Compliant Summit

Join Automotive Compliance Education, Feb. 13–16, for three days dedicated to increasing sales and efficiencies within the dealership, with an eye towards doing things compliantly.

The Destination Is in Sight

While the road less traveled may not be the quickest path to our metaphorical destination, in the compliance world, both the destination and all other charges should be clearly and accurately disclosed and acknowledged by the consumer.

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FTC Publishes Inflation-Adjusted Civil Penalty Amounts for 2022

The Act directs agencies to implement annual inflation adjustments based on a prescribed formula.

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