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Compliance

Newsby StaffFebruary 2, 2022

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. 

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Newsby StaffJanuary 31, 2022

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.

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Articlesby Gil Van OverJanuary 19, 2022

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.

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ArticlesJanuary 10, 2022

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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Newsby StaffJanuary 10, 2022

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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ArticlesJanuary 5, 2022

Is Your Dealer Playbook Compliant?

Let’s review the important parts to an effective menu process, a component of the dealer’s playbook.

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ArticlesDecember 29, 2021

Taking a Multi-Tiered Approach to Fight the Growing Ways Fraudsters Operate

Businesses involved in the automotive industry are realizing there is no single-source tactic to fraud prevention and are taking important steps to cover all possible bases to thwart the rising threat of fraudulent activity.

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ArticlesDecember 27, 2021

Focus on Fraud

Point Predictive reports lenders saw record levels of fraud in the past year. Learn how to spot the red flags of fraud to reduce its affects.

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Newsby StaffDecember 16, 2021

Biden Administration Announces Federal EV Plan

The proposed strategy includes building 500,000 charging stations for electric vehicles across the country and lowering the cost of electric cars.

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ArticlesDecember 7, 2021

Fraud Against Car Dealers Has Never Been More Prevalent

These scams and schemes could impact any dealership’s profits and put their reputations with lenders on the line.

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