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Compliance

Newsby Gregory ArroyoApril 14, 2015

CFPB Faces Mounting Criticism, New Bipartisan Bill

On the same day The Wall Street Journal published an op-ed piece critical of the CFPB’s targeting of the indirect auto finance channel, a bipartisan bill was introduced that aims to repeal the bureau’s guidance on dealer participation.

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NewsApril 14, 2015

NIADA Effort to Halt Oregon BHPH Bill Succeeds

A bill aimed at restricting the practices of buy-here, pay-here dealers in Oregon is off the legislative agenda following an effort by the NIADA to educate lawmakers about the legislation’s potential harmful effects on consumers.

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NewsApril 14, 2015

‘Is It Compliant?’ to Cap Midwest Compliance Summit

Organizers of Compliance Summit have announced that the event will conclude with “Is It Compliant?”, an open-forum discussion of the topics raised in the course of the conference.

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Newsby Brittany-Marie SwansonApril 8, 2015

NIADA Takes on Oregon BHPH Legislation

The NIADA, its newly-formed BHPH Commission and Oregon’s independent dealer association are tackling legislation the industry believes could damage the ability of high-risk consumers to purchase cars in the state.

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NewsApril 7, 2015

Ohio AG Sues Used-Car Dealership

Ohio Attorney General Mike DeWine has filed a lawsuit against a used-car dealership and its owner. The now-closed business has received approximately 30 consumer complaints, mostly related to vehicle title issues.

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ArticlesApril 7, 2015

Myth Busting

The AFIP’s executive director wasn’t surprised to learn that dealers are once again upset at TrueCar, especially since the firm’s marketing still plays on perceptions that are simply not true.

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NewsApril 7, 2015

CATA’s Sloan Joins Midwest Compliance Summit

Dave Sloan, president of the Chicago Auto Trade Association (CATA), has agreed to serve as luncheon speaker for the Midwest Compliance Summit, to be held this month.

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NewsApril 7, 2015

AFIP’s Robertson Joins Midwest Compliance Summit

Organizers of Compliance Summit have announced that David Robertson, executive director of the Association of Finance & Insurance Professionals, will speak at the Midwest event this month.

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ArticlesApril 3, 2015

Legal Columnist Questions CFPB Report on Arbitration Clauses

The CFPB’s latest report on arbitration clauses has a lot of holes, leaving the magazine’s legal eagle wondering what the regulator’s game is.

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NewsApril 2, 2015

N.C. Dealer Hit With Third Sex Charge in Two Months

A used-car dealer was arrested this week for allegedly trading repairs on a Dodge Magnum for a sexual act. He was already facing charges stemming for two other incidents, including kidnapping and sexual battery.

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