ORLANDO, Fla. — Organizers of the annual Industry Summit announced that attorney and former dealer regulator Terrence J. “Terry” O’Loughlin will deliver the keynote address for the Compliance Summit portion of the event, which will be held Oct. 8–10 at the Caribe Royale Orlando in Orlando, Fla.
Compliance Summit includes a full-day of front-end compliance training — including workshops, dealer panels, and an interactive open forum — on Monday, Oct. 8, followed by a comprehensive review and certification testing by Automotive Compliance Education. ACE is offering a “Product Specialist” certification for the first time this year.
O’Loughlin, who serves as director of compliance for Reynolds and Reynolds, will kick off the Compliance Summit schedule on Monday at 9:05 a.m.
“Time and again, attendees tell us they remember Terry ‘The Regulator’ O’Loughlin, and not just for the content he delivers onstage,” said show chair David Gesualdo, publisher of F&I and Showroom and Auto Dealer Today. “His reputation precedes him, he speaks from experience, and he is firmly on the side of the rightminded dealer.”
Despite the sweeping changes sparked at the federal level by the election of President Donald Trump, including a defanged and renamed Consumer Financial Protection Bureau, O’Loughlin stressed that dealers must continue to invest in compliance training to protect their businesses as well as their customers.
“The law hasn’t changed, and many state attorneys general have said they will make up the shortfall left by the former CFPB, and there is an army of class-action attorneys who welcome these opportunities,” O’Loughlin warned. “In times of peace, prepare for war.”