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F&I Magazine to Host Free Red Flags Webinar

May 05, 2009

F&I Management and Technology and Powersports F&I magazines will host a free Web seminar on the Red Flags Rule on Tuesday, May 12, at 11 a.m. PDT (2 p.m. EDT).

Moderated by F&I’s Gregory Arroyo, the Web seminar, titled “Red Flags: Ready or Not?” 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.

Designed to help dealers determine whether their dealership is compliant with Federal Trade Commission’s newest weapon against identity thieves, the Web seminar will cover the following four items:

- 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 event will end with a Q&A session, allowing dealership personnel to quiz the magazine’s panel of experts on issues related to the Red Flags Rule, which Federal Regulators will began enforcing on August 1, 2009.

To sign up, click here.

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FTC Issues Three-Month Delay of Enforcement of Red Flags Rule

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.