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Compliance Guide Help Dealers Sort Through the Regs
DealerTrack's revised Compliance Guide is available this month. The 47-page guide offers tips to protect dealerships in all compliance areas. Its seven sections cover rules, regulations, laws and best practices in: Privacy, security and identity theft Credit applications and contracts Marketing and advertising for new and used cars Aftermarket selling, including service contracts and insurance Arbitration
February 1, 2008
1 Min Read
DealerTrack's revised Compliance Guide is available this month. The 47-page guide offers tips to protect dealerships in all compliance areas. Its seven sections cover rules, regulations, laws and best practices in:
Privacy, security and identity theft
Credit applications and contracts
Marketing and advertising for new and used cars
Aftermarket selling, including service contracts and insurance
Arbitration agreements with customers
Record-keeping and destruction
Glossary — from adverse actions to U.S. Patriot Act
The guide also explains current federal agency and FTC guidelines for identity theft prevention, address accuracy and how the federal government's new “red flag” rules affect dealers.
The rules address requirements for written ID theft prevention programs that dealers and “financial institutions” must have in place by Nov. 1, 2008.
The compliance guide is free to dealers. For information, call DT toll-free at 888-556-0102.
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