Tag Search Result

FTC

NADA Blasts FTC Over Proposed Dealership Rules

Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.

Read more

FTC Denies Extending Comment Period on Proposed Dealer Regulations

The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.

FTC Targets Document Retention

The Federal Trade Commission has proposed new regulations that target dealership ads and F&I practices.

NADA Challenges the FTC’s New Advertising and F&I Rules

The National Automobile Dealers Association has challenged the Federal Trade Commission's proposed rules on dealership advertising and finance and insurance.

FTC Proposes Bans to F&I and Add Ons That 'Provide No Benefit'

The FTC hopes the proposed rule will save consumers time and money and ensure a level playing field for honest dealers.

The FTC Strikes Again

If a dealer can provide their paper trail to a regulator or jury, it should demonstrate that the consumer indeed made informed decisions throughout the process and there was no deception intended.

Auto Marketing Company Banned from Industry Under FTC Order

Commission unanimously finds Traffic Jam Events violated the law with false claims about affiliation with government stimulus program and deceptive prize mailings.

Federal Safeguards Rule Amendments Ask Dealers to Shore Up their Information System Security

Industry analysts suggest it could cost dealers hundreds of thousands annually to comply with the new rules.

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches

Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses.

Read more

Pricing for Fun and Profit

Implementing pricing guidelines is not a guarantee that the regulators will stay away, but properly implemented and managed, it should provide a plausible defense of your F&I pricing practices.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account