Read and understand the proposal the FTC has submitted: Motor Vehicle Dealers Trade Regulation Rule.
Share your thoughts with the FTC by Sept 12, 2022.
Click here to add your questions and comments.
Follow already-established laws, such as:
- appointing a Compliance Officer,
- documenting your compliance processes,
- provide your sales and finance employees with compliance training,
- document that sales and finance compliance training occurred, and
- leverage already-outlined compliance processes, like rate deviation and declination forms.
Ask EFG for Help. We can assist with compliance training for your team or putting a future compliance plan in place.
EFG is here for our clients whether the regulations change or stay as-is!
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