Dealerships shouldn't count on theFederal Trade Commission's proposed auto retail regulationsto be "fixed" or "not take effect," an industry attorney told retailers Thursday.
WASHINGTON -Auto dealerswill be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees - like a service contract for an oil change for anelectric vehicle- under a new rule, theU.S. Federal Trade Commissionsaid on Tuesday....
laws and regulations, consumer protection, federal government, vehicles, federal trade commission, salesIn 1981, the Federal Trade Commission issued a trade regulation rule on the sale of used cars. This rule required dealers to disclose known defects to prospective purchasers. Under the law at ...
It will be important for dealers to designate employees who are trained in taking ownership of these new regulations and ensuring everyone is ready. The new regulation even states that a written policy must be created and put in place, with all employees understanding the policy and signing off....
is likely unlawful and that they can face serious legal consequences, such as a federal investigation of lawsuit, if they do not immediately stop. Overwhelmingly, companies that receive FTC warning letters take steps quickly to correct and come into compliance with applicable legal regulations. ...
and automobile dealers or retailers that offer financing or collect or process credit applications for third party lenders. In addition, the definition includes anyone who regularly participates in the decision to extend, renew, or continue credit, including setting the terms of credit. For example,...
MLM: Net-based business opportunities pamphlet. Legitimate MLM plan versus illegal pyramid scheme. Resources and links to MLM laws, regulations, articles.
FTC cites seven Chicago used-car dealersAdrienne Drell
Yvonne Chiuy
car dealers/ C6130S Data security C0230 Economic, social and political aspects of computingPersonally identifiable information (PII) is among the most digitally delicate data and deserves maximum government protection. So why isn'...