Don’t let process shortcuts short-circuit all the hard work your dealer has put in to make their dealership the success it is today.
Let’s examine the trades necessary to build a Safeguards Rule compliance program.
When hit with the compliance bombshell, you need to understand what compliance means to your client and what exactly you are being asked to do.
There are at least three reasons you need data when confronted with allegations of disparate impact.
Imagine your dealer just asked you to be their ‘Compliance Cop,’ but you prefer to focus on production. This session will review options to help you satisfy your dealer's request.
While an F&I agency would likely have access to consumer information both less in quantity and sensitivity than what a dealership possesses, the information it does have can be misused and needs to be protected.
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.
If an agent cannot fulfill the new requirements, the FTC has an answer: fire that agent and find one that can.
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.
Don’t let lame excuses for non-compliance derail your dealer’s efforts.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In