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This week, President Obama put his signature on legislation that eliminates the insurance booklet mandate that dealers have had to comply with since the 1970s.
Read More →The Obama Administration unveiled a proposed “Consumer Privacy Bill of Rights” in a federal report last Thursday. It's part of a blueprint to ramp up consumer privacy protections on the internet, but it could also add additional requirements for dealers when it comes to protecting customer data.
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The magazine’s legal wiz shines up his crystal ball to offer his predictions on how the CFPB and the FTC will flex their regulatory muscles in 2012.
Read More →Legislation aimed at eliminating a 10-year-old cap on markups of certain F&I products was sent to Gov. Tom Corbett’s office yesterday after passing the Pennsylvania General Assembly. He is expected to sign the legislation into law in 10 days.
Read More →California State Assembly Member Mike Feuer (D–Los Angeles) and State Sen. Ted W. Lieu (D–Torrance) have proposed legislation that would introduce new rules designed to “rein in abusive practices” of buy here, pay here dealers statewide.
Read More →After sitting through three roundtables’ worth of tired anecdotes from consumer advocates, the magazine’s legal expert hopes the FTC will keep its word and rely on empirical data before instituting new regulations.
Read More →Do you know who your regulator is? The answer may not be as clear-cut as you think. The magazine’s legal wiz weighs in.
Read More →Under the new bill, the Texas Department of Motor Vehicles will join states like Arizona and California in transitioning to electronic lien and titling. The move is expected to reduce costs and eliminate the state’s exposure to fraud.
Read More →Aimed at telemarketers of vehicle service contracts, Senate Bill 132 was signed into law last week and will provide further oversight on service contract sales in Missouri.
Read More →A California bill is making its way through the state's legislature that would require all new vehicles sold to be registered electronically with the Department of Motor Vehicles.
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