The Industry's Leading Source For F&I, Sales And Technology

Certification & Training

F&I Magazine Presents On-Site Red Flags Seminar

May 19, 2009

F&I Management and Technology and Powersports F&I magazines will host a one-day seminar on the Red Flags Rule on Tuesday, June 9 (9 a.m. to 3 p.m. EDT) at the Hilton St. Petersburg in St. Petersburg, Fla.

The “Red Flags: Ready or Not?” seminar will be presented by compliance experts Robert Harkins, former senior vice president of compliance and dealer relations for Resource Automotive/First Extended Corp., and David Robertson, executive director of the Association of Finance and Insurance Professionals.

The mandatory compliance deadline for the Federal Trade Commission (FTC)'s Red Flags Rule is August 1, 2009. The rule requires all creditors — including auto dealers — to develop and enforce a program that will help protect their customers from identity theft.

Designed to help dealers determine whether their dealership is compliant with the FTC’s newest weapon against identity thieves, the seminar will cover the following four topics.

- FTC Identity theft update

- 5 Keys to Red Flags Rule Compliance

- Identifying, Detecting and Responding to Red Flags

- F&I Manager’s Guide to the Red Flags Rule

The seminar will also cover the seven most common errors that cause dealers to become the targets of media exposes, class-action lawsuits and high-dollar regulatory fines. In addition, the presenters will review the adverse action notice requirements under the Equal Credit Opportunity Act and the Fair Credit Reporting Act, IRS cash reporting and money laundering guidelines.

Cost of the seminar includes full lunch and all training materials. To register, click here, or call 310-533-2518.




Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  



NAF Association Hosts 13th Annual Non-Prime Auto Finance Conference

This year the nonprime auto financing industry is facing challenges that it has never encountered before. The National Automotive Finance (NAF) Association hopes to address these challenges at its 13th annual nonprime auto finance conference from June 3 to 5, 2009 in Fort Worth, Texas.