TOP RV DEALER FTC COMPLIANCE ISSUES
The RV Learning Center recently conducted a special
webinar, "An Enhanced FTC – What Its New Investigative and
Enforcement Powers Mean to RV Dealers." In this recording of the event,
RVDA’s director of legal and regulatory affairs Brett
Richardson summarizes current and upcoming compliance
obligations and point dealers to RVDA and other resources for more
information. Over the past decade, the Federal Trade Commission and
Federal Reserve have rolled out regulations covering many aspects of
dealer F&I compliance, such as the Safeguards, Privacy, and Red Flag
Rules, as well as adverse action notices and risk based pricing notices.
Click Here for a PDF of the webinar's
slides.
FTC
Model Privacy Form Builder
FTC's
Privacy Rule and Auto Dealers FAQ
Agencies Issue Final Fact Act Affiliate Marketing
Rule
FTC Charges First Dealer With GLB Privacy
Violations
10
Ways You May Be Violating Privacy Rules
FTC ADVERSE ACTION NOTICES
Auto
Dealer Monthly: Adverse Action Notices & Here
F&I
Monthly – Tackling Adverse Action Notices
Limiting
Liability Under Adverse Action Notices
II. PRESENT / RECENT FTC COMPLIANCE
OBLIGATIONS
FTC
RED FLAG RULES - RVDA Publication
FTC
Provides a Sample RED FLAGS RULES TEMPLATE for Businesses that
Self-Identify as Low Risk
CARLAW
® Compliance Series A Dealer's Guide to the Red Flags Rule ($50
online Order - and contains model Program)
CARLAW
- Compliance Templates ($60 download)
Creating
a Red Flags Rule Program
FTC
Business Alert - Red Flag Rules (PDF)
Anatomy
of Red Flag Rule Compliance
RV
Executive Today Article on Red Flags Rules
Final
Red Flags Federal Rule November 2007 (PDF)
Everything
you wanted to know about the Red Flags Rule and
Dealerships (external link to scanned articles in PDF)
FTC RISK BASED PRICING NOTICES /
EXCEPTION NOTICES
RVDA Getting Started Info
Risked
Based Pricing Q&A
FTC and Federal Reserve Issue Risk-Based Pricing
Rules
New
Credit Rules Decoded
FRB
& FTC Issue Final Risk-Based Pricing Rule
PowerPoint
Presentation Explaining Risk-Based Pricing Rules
III. FUTURE FTC COMPLIANCE PRIORITIES AND
OBLIGATIONS
DEALER SPOT DELIVERIES & DEALER
LOAN MARKUPS
The
FTC Hits The Road
Storm
clouds gather over dealer reserve. Will regulatory pressure force switch
to flat fees?
Consumer
Group View on Spot Deliveries
Spot
Deliveries: Pitch the Bathwater, Not the Baby
Loan
Markups: Consumer Advocates Are At It Again
IV. OTHER FTC INVESTIGATIVE
ACTIVITIES
PULLING A CUSTOMERS CREDIT
REPORT
The FCRA at car dealerships: the FTC’s
curious conclusions about “permissible
purpose”
FTC ADVERTISING TRIGGER
TERMS
Regulation
Z and Other Dealership Advertising Issues
More
Learning Opportunities at the RV Dealers International
Convention/Expo!
Don't miss a special panel discussion entitled "Straight Talk
on Risk Management" on Wednesday, October 3, at the 2012 RV Dealers
International Convention/Expo. The convention will be held October 1-5
at the Rio All-Suite Hotel & Casino in Las Vegas and is sponsored by
RVDA–The National RV Dealers Association, RVDA of Canada, and the
RV Learning Center.
