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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.
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Let’s examine the trades necessary to build a Safeguards Rule compliance program.
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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.
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There are at least three reasons you need data when confronted with allegations of disparate impact.
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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.
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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.
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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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If an agent cannot fulfill the new requirements, the FTC has an answer: fire that agent and find one that can.
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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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Don’t let lame excuses for non-compliance derail your dealer’s efforts.
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