DALLAS — Organizers of the upcoming Compliance Summit announced that Terrence J. O’Loughlin Esq. will deliver a featured presentation devoted to Rules and Regulations at the event, which will be held Sept. 11–14, 2017, at the Gaylord Texan Resort & Convention Center, as part of Industry Summit.
O’Loughlin is the director of compliance for Reynolds and Reynolds and a familiar face at the Summit series of events, for which organizers have relied on his experience as an attorney, compliance expert and former regulator with the Florida attorney general office’s Economic Crimes Section.
“We have in Terry O’Loughlin an expert who has seen compliance issues from both sides of the fence,” said David Gesualdo, show chair and publisher of Auto Dealer Today and F&I and Showroom. “His appearance on the Compliance Summit stage is a credit to our event.”
O’Loughlin has been a steadfast supporter and regularly featured speaker at Compliance Summit, which he believes offers a unique opportunity for dealers. He referenced “The Impact of Federal Regulation on Franchised Automobile Dealerships,” a 2014 NADA report that found the average dealer spends $183,000 on federal regulatory compliance efforts per year, a staggering cost which too few dealers fully comprehend.
“Dealers have to have more of a hands-on approach. They have to engage to some degree to know and understand the issues,” O’Loughlin said. “If they don’t occasionally participate in conferences like this, they won’t be able to intelligently converse with the people in their employ who work with these issues daily.”
Registration for Industry Summit 2017, which includes Compliance Summit and Automotive Compliance Education (ACE) certification as well as The Best Training Day Ever, F&I Think Tank and Special Finance Conference, is open at the event’s website. Attendees who register by Aug. 11 will enjoy a $100 discount.