Time's Almost Up: Preparing Your FTC Safeguards Annual Report

The Federal Trade Commission (FTC) made major revisions to the FTC Safeguards Rule, effective June 9, 2023. Among the revisions was the requirement that your dealership's Qualified Individual prepare a written status report, at least annually, for the board of directors (or equivalent governing body or person(s)) evaluating overall compliance with the FTC Safeguards Rule and identifying other material matters. Get ready. Time is almost up.
In this webinar, presented by KPA's V.P. of Legal & Corporate Development, Adam Crowell, we will discuss:

• What your Qualified Individual needs to prepare the Annual Report
• How to evaluate overall compliance with the FTC Safeguards Rule for the Annual Report
• What material matters should be included in the Annual Report
• Who the Annual Report should be submitted to
• The actions that Annual Report recipients should take