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NewsJuly 19, 2011

Obama Nominates Former Ohio AG to Lead New Bureau

President Obama nominated former Ohio Attorney General Richard Cordray to serve as the director of the new Consumer Financial Protection Bureau (CFPB) agency. Cordray has served as head of the CFPB’s enforcement division for the last six months.

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NewsJuly 15, 2011

F&I Dealer of the Year: 10 Days Left to Enter

The deadline to enter the magazine's F&I Dealer of the Year contest is quickly approaching, with 10 days left to complete and submit the nomination form.

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NewsJuly 12, 2011

Texas Bill Moves State to Electronics Lien and Titling

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.

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NewsJuly 12, 2011

Missouri Gov. Signs Service Contract Law

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.

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NewsJuly 7, 2011

FTC Announces Second Roundtable Event

The Federal Trade Commission’s second roundtable will be staged at St. Mary's University School of Law on Aug. 2-3.

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ArticlesJuly 5, 2011

More Questions than Answers as CFPB Gets Set to Go Live

The leadership may still be up for grabs at the CFPB, but the newly formed consumer watchdog agency will hit the ground running on July 21.

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NewsJune 22, 2011

Federal Reserve Temporarily Exempts Dealers from Certain Dodd-Frank Requirements

Dealers will remain exempt from certain data collection requirements under ECOA until the Federal Reserve Board issues final regulations.

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NewsJune 8, 2011

DealerTrack Backs Compliance Solution With $25,000 Red Flags Guarantee

DealerTrack announced the company will offer a $25,000 Red Flags Guarantee to cover associated government-issued fines should a dealership be cited for noncompliance with the Red Flags Rule while using the DealerTrack Compliance Solution.

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NewsJune 7, 2011

CarGurus Study Reveals Top 5 Complaints, Compliments About Car Dealers

A new CarGurus study suggests that a car dealer's candor and responsiveness carry significant weight with an online shopper and can make or break a sale, sometimes even before the consumer meets the dealer in person.

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Articlesby Joe BartoloneJune 6, 2011

Dealers Guide to Compliance

Before you select your next compliance software tool, read this primer on connecting technology to your dealership’s compliance processes.

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