E-NEWSLETTER

At its next ‘Listening Tour’ event, slated for November, the Federal Trade Commission will discuss the information it has picked up at its previous two roundtable gatherings.

Tags: Federal Trade Commission, finance, leasing, new-vehicle leasing, vehicle leasing

The Federal Trade Commission’s second roundtable will be staged at St. Mary's University School of Law on Aug. 2-3.

Tags: CFPB, Compliance, Consumer Financial Protection Bureau, Dodd-Frank Act, FEDERAL REGULATION, Federal Reserve, Federal Trade Commission, Hudson Cook LLP, regulations

New disclosure requirements being considered by the Federal Reserve Board (FRB) for loan insurance products aren’t the only threat to core F&I offerings like GAP. In California, product providers are racing to notify dealers that one of the key selling feature of GAP might be barred since a new law took effect on Jan. 1.

Tags: Consumer Financial Protection Bureau, credit insurance, Federal Reserve, Federal Trade Commission, GAP, NADA

Wolters Kluwer Financial Services is offering dealers, lenders and F&I service providers a number of solutions to help them comply with the new federal Risk-Based Pricing Rule.

Tags: Federal Reserve, Federal Trade Commission, risk-based pricing rule, Wolters Kluwer Financial Services

Finance Express, a provider of Web-based financial services for independent dealerships, has created a solution to help dealers comply with the Federal Trade Commission (FTC)'s Risk-Based Pricing (RBP) Rule and new privacy policy, which became effective Jan. 1.

Tags: Compliance, Federal Trade Commission, Finance Express, privacy policy, Red Flags Rule, risk-based pricing rule

700Credit LLC, a provider of credit reporting and compliance products and services, has launched a solution to help dealers comply with the new Risk-Based Pricing Rule, which went into effect on Saturday, Jan. 1.

Tags: Federal Reserve, Federal Trade Commission, Risk-Based Pricing Notices

RouteOne is offering dealers a complimentary Risk-Based Pricing Notice tool to assist in compliance with the Risk-Based Pricing Rule issued jointly by the Federal Reserve System and the Federal Trade Commission.

Tags: Federal Trade Commission, Risk-Based Pricing Notices, RouteOne

In what is expected to have a big impact on the special-finance marketplace, the Federal Trade Commission (FTC) and the Federal Reserve Board (FRB) issued in late December finalized rules that will require creditors, including dealers, to alert consumers when derogatory credit data causes them to receive less than optimal terms. The rule is expected to take effect Jan. 1, 2011.

Tags: Adverse Action Notice, Federal Reserve, Federal Trade Commission, NADA, Risk-Based Pricing Notices

DealerTrack Inc., a provider of on-demand software and data solutions, added red flags reporting to its DealerTrack Compliance Solution to help dealers better track their identity theft prevention programs and to more effectively monitor dealership activity.

Tags: DEALERTRACK, Federal Trade Commission, Red Flags Rule

The Federal Trade Commission said beginning today prerecorded commercial telemarketing calls to consumers — commonly known as robocalls — will be prohibited, unless the telemarketer has obtained permission in writing from consumers who want to receive such calls.

Tags: Federal Trade Commission, robocalls

The FTC has delayed enforcement of the Red Flags Rule once again, as it looks to expand its education efforts among small businesses. Those efforts include sending a staff attorney to the magazine’s September conference.

Tags: F&I Conference & Expo, Fair and Accurate Credit Transactions Act of 2003, Federal Trade Commission, Red Flags Rule

The Federal Trade Commission is asking a federal court to shut down a telemarketing campaign that has been bombarding U.S. consumers with hundreds of millions of allegedly deceptive “robocalls” in an effort to sell them vehicle service contracts under the guise that they are extensions of original vehicle warranties.

Tags: Federal Trade Commission, service contracts, telemarketing

The Federal Trade Commission will delay enforcement of the new Red Flags Rule until August 1, 2009, to give creditors and financial institutions more time to develop and implement written identity theft prevention programs.

Tags: Compliance, Federal Trade Commission, Red Flags Rule

The Federal Trade Commission (FTC) upped the ante on abuses of the FTC Act by increasing the maximum civil penalty for unfair and deceptive acts and practices from $11,000 to $16,000 per violation.

Tags: Federal Trade Commission, Red Flags Rule, Safeguards Rule

NADA Regulatory Affairs Directory Paul Metrey and attorneys from the Federal Trade Commission (FTC)’s Division of Privacy and Identity Protection — which drafted and enforces the Red Flags Rule — will present a virtual seminar “A Deeper Dive into the FTC Red Flags Rule” on March 26 from 1 to 3 p.m. EST.

Tags: Federal Trade Commission, NADA, Red Flags Rule