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Sunday, May 27, 2012

Learn how new U.S. rules will affect you


Automotive News -- May 23, 2012 - 12:01 am ET
Reynolds: Points out trouble spots

Auto dealers who have been watching regulatory developments will get some answers next month during Automotive News F&I Week -- a free online conference.

Carole Reynolds, a lawyer in the Federal Trade Commission's Financial Practices Division, will give examples of trouble spots in auto finance and leasing and explore topics from the FTC's roundtable last year on auto lending and related activities.

She will help dealers determine whether they're driving toward danger or steering clear of deceptive practices.

And Michael Benoit, a partner with the Hudson Cook law firm, will spell out what dealers need to know about the Consumer Financial Protection Bureau.

Although auto dealers do not fall under the bureau's direct jurisdiction, there are several ways the bureau can impact dealer behavior. Benoit will explore these issues and help dealers prepare for what may lie ahead.

Benoit: Preps dealers for future

Reynolds and Benoit will be part of a session called "Playing by the Rules -- Federal Regulation and Enforcement Workshop" on Wednesday, June 20, at 3 p.m. EDT.

The moderator will be Dave Robertson, executive director of the Association of Finance & Insurance Professionals, an Automotive News partner in the event.

Six F&I Week Webinars will be held, at 1 p.m and 3 p.m. on June 19, 20, and 21.

The event is designed for F&I managers and staff, dealer principals, general managers, sales managers and business development center personnel.

The sessions can be viewed live on attendees' computer screens or played back later on demand. To find out more about F&I Week or to register, go to fandiweek.com.

What: A free, online conference
When: June 19-21
Main events: Webinars at 1 p.m and 3 p.m. EDT daily
Sign up: fandiweek.com

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