Details
Shine a Light on Compliance with Internal Paperwork Audits
Year: 2020
Original Air Date: October 20, 2020
Presented by OADA, featuring Jessica Dury from Stockamp & Brown
Dealership compliance with federal and state laws is once again coming under the increased scrutiny of state and federal regulators. Since May of 2020, at least sixteen state Attorneys General have sued dealerships or issued statements alleging that dealership are engaging in predatory and harmful practices. The Federal Trade Commission (FTC) has also made it clear that it is tracking dealership compliance. This past May, the FTC entered into a $1.5 million consent order with Bronx Honda; in July, it released two staff reports criticizing several common dealership practices; and as recently as this month, the FTC boasted about how one of its enforcement actions helped put a group of auto dealerships out of business.
These enforcement activities and the increasing number of consumer complaints make it clear that dealers should make reviewing paperwork and related policies and procedures a priority. OADA is pleased to announce that Jessica Dury, a Senior Associate at Stockamp & Brown LLC, will be joining us to help you take the first step towards compliance. With just a modest investment of an hour of your time, she will walk you through how to perform an internal paperwork review and will provide essential information on how to identify the most common and costly compliance issues and what you can do to correct them.
Stock#: 20022 Mfr#: 20022