Safeguards Rule - A letter from the Sponsor
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Dear Automotive Professional,
Compliance is a challenge you face every day.As U.S. businesses and
financial institutions become increasingly regulated, adhering to the
laws becomes a more demanding task for auto dealerships. It is difficult
to stay up to date with the multitude of rules and regulations that
apply to the dealership, particularly the finance department.
We at DealerWare understand this dilemma. It is one of the reasons we
have developed the F&I Menu Wizard software: to help you maintain compliance
and proper disclosure while increasing your profits.
We are constantly looking for additional ways to provide you with easy-to-use
solutions.With this in mind, I am pleased to present you with this "Road
to Compliance" poster. It is your roadmap to achieving and maintaining
100 percent compliance with another important regulation, the Gramm-Leach-Bliley
Act.
The Federal Trade Commission enforces the Safeguards Rule of the Gramm-
Leach-Bliley Act. It requires dealerships (which qualify as financial
institutions) to have a security plan in place to protect the confidentiality
and integrity of personal consumer information.The "Road to Compliance"
poster includes a step-by-step approach to implementing a safeguards
program in your dealership and finance office.
In the future,we at DealerWare will maintain our dedication to helping
your store stay lucrative while adhering to the law.We look forward
to working with you to make 2005 a prosperous year.
Sincerely,

Mike Absher
President
DealerWare
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