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Compliance

NewsSeptember 17, 2009

Hudson Cook’s Founding Partners Receive AFSA Service Award

Hudson Cook LLP, a provider of legal compliance services for the financial services industry, announced that the American Financial Services Association (AFSA) awarded its 2009 Distinguished Service Award to the firm’s founding partners, Tom Hudson and Robert Cook.

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NewsSeptember 8, 2009

Washington Dealer Repays Consumers for Deceptive Gas Rebate Program

A Vancouver, Wash., dealer agreed to repay up to $8,440 in restitution to consumers who participated in a deceptive gas rebate program, said the Washington Attorney General’s Office.

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Articlesby Joe BartoloneSeptember 1, 2009

A Dealer’s Guide to Compliant Paperwork

As most dealers know, paperwork can be a friend and foe. Compliance expert provides his guide for correcting 10 of the most common paperwork errors.

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NewsAugust 28, 2009

New FTC Rule Prohibiting Robocalls Takes Effect Today

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.

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NewsAugust 18, 2009

New Jersey Dealer Arrested for $7 Million Check Fraud

The former owner of a Bordentown, N.J.-based car dealership was arrested for allegedly defrauding local banks of more than $7 million in a check-kiting scheme, according to the U.S. Attorney’s Office.

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NewsAugust 11, 2009

F&I Conference and Expo to Host Special Lender Pavilion

Set for Sept. 21-23 at the Orland World Center Marriott Resort in Florida, the 2009 F&I Conference and Expo boasts an agenda that addresses today’s most important issues. This year, organizers have added the Lender Pavilion, a new opportunity for dealers to meet one-on-one with participating finance sources.

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ArticlesAugust 1, 2009

A Difference of Opinion

There are always two sides to any story and this business always benefits from a little intellectual tug of war. That’s why I’ve invited the Center for Responsible Lending’s Josh Frank and Delvin Davis to share the center’s views on HR 2309.

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NewsJuly 29, 2009

FTC Delays 'Red Flags' Rule to November 1

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.

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NewsJuly 28, 2009

Recovery Compliance Solutions to Handle GMAC’s Repossession Vendors

Recovery Compliance Solutions, a provider of repossession compliance monitoring solutions, partnered with GMAC Financial Services to manage and verify its repossession vendors’ information, ensuring they remain compliant with state and local standards.

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NewsJuly 14, 2009

DealerTrack Adds Free ‘ID Alerts’ to Its Credit Application Network

Software provider DealerTrack Inc. today announced the addition of “ID Alerts,” a free enhancement to its credit application network that will help dealers reduce the risk of identity theft and fraud by flagging abnormal patterns in credit applications.

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