FI showroom red and grey logo
MenuMENU
SearchSEARCH

Industry Summit to Provide Update on Digital Compliance, the Dodd-Frank Act

The Association of Financial & Insurance Professionals’ David Robertson and Hudson Cook’s Nikki Munro will lead two separate compliance sessions aimed at getting attendees up to speed on Internet sales compliance and the Dodd-Frank Act.

by Staff
August 21, 2012
2 min to read


LAS VEGAS — F&I and Showroom magazine’s F&I Conference, one of four conferences being held at Industry Summit, will feature two compliance sessions. One will delve into cyber sales and F&I, while the other will provide attendees with an update on recent actions by the Federal Trade Commission and the new Consumer Financial Protection Bureau.

Presented by David Robertson, executive director of the Association of Finance & Insurance Professionals, “Digital Compliance: Rules of the Road” will provide attendees with practical tips for staying compliant while capitalizing on cyber deals. Robertson will discuss the challenges Internet sales pose when it comes to complying with the OFAC, collecting a customer’s nonpublic information, and with several other state and federal regulations.

Ad Loading...

The conference also welcomes Nikki Munro, a partner with Hudson Cook LLP and who recently appointed as chair of the American Bar Association’s Consumer Financial Services Committee. She will provide an update on the rollout of the Dodd-Frank Act, the Consumer Financial Protection Bureau and the Federal Trade Commission’s recent activities.

Munro’s session will cover the three “roundtable” discussions the FTC hosted last year to determine what new protections it needs to add in relation to auto dealer practices. She will also delve into the FTC’s civil investigative demands in the wake of alleged deceptive dealer advertising. Attendees will also gain a better understanding of where the FTC’s enforcement jurisdiction ends and where the CFPB’s begins. The session will also cover the CFPB fact-finding civil investigative demands aimed at buy-here, pay-here dealers, and will uncover what practices might be deemed abusive by the new regulator.

“You can't have an F&I Conference without discussing compliance,” said Gregory Arroyo, executive editor of F&I and Showroom magazine. “Yes, we want to help dealer F&I departments be more profitable, but you can pave the way to profits without discussing the rules of the road. And we’ve brought out two of the industry’s go-to compliance insiders to do just that.”

Industry Summit will be held Sept. 10-12 at the Paris Las Vegas. For more information, click here.

 

More F&I

Industryby StaffMarch 6, 2026

Explore the 12 Rules for an F&I Life at EFI

EFI 2026 will take place April 13–15 at The Cosmopolitan Las Vegas.

Read More →
F&IMarch 4, 2026

Creating Your Own Economy

In this video, Reese Dailey explains how effective follow-up drives better results across the dealership, including increased sales, higher F&I penetration, and stronger customer retention.

Read More →
Industryby StaffMarch 2, 2026

Prove You Can Do F&I at EFI

‘So You Think You Can Do F&I’ is a live role-play contest taking place at the 2026 Ethical F&I Managers Conference.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Industryby Hannah MitchellFebruary 23, 2026

Some Auto Brands Cheaper to Insure

A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.

Read More →
F&IFebruary 13, 2026

Business Office Blueprint

Try following these 20 steps to greater success in the dealer F&I office this year.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 11, 2026

Insurance Shopping on the Rise

A TransUnion study found that relationship-driven sales models proved to be important, as consumers who used an agent had a lower shopping intensity than those going it alone.

Read More →
Industryby Hannah MitchellFebruary 4, 2026

Auto Insurance Cost Reprieve

2025 brought consumers relief after years of rate hikes, but 2026 could bring renewed policy pain, depending on how U.S. trade policy affects prices.

Read More →
Reese Dailey from Automotive Training Academy by Assurant
F&IFebruary 4, 2026

Cash Deal Strategies

In this video, Reese Dailey of the Automotive Training Academy by Assurant reveals strategies to make cash deals profitable without relying on monthly payment bumps.

Read More →
Ad Loading...
Cox Automotive and Dealertrack logos displayed over a dealership showroom background.
F&Iby StaffFebruary 3, 2026

Cox Auto Says Dealertrack Offers Greater Finance Efficiency

Suite of new APIs, product enhancements and integrations is designed to help maximize contracting and funding efficiency for lenders and their dealer partners.

Read More →