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A knowledgeable compliance officer talks the talk and walks the walk.
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Recent revisions to the federal Safeguards Rule cement the need for a compliance officer in every dealership. Whether their duties are performed by an employee or outsourced, satisfying the new requirement is going to cost your store thousands of dollars per month.
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Expert lists four surprisingly common — but easily avoidable — errors and omissions dealer principals commit along the road to front-end compliance.
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Industry insider says the current regulatory environment demands that dealers take a new approach to compliance.
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