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NADA publishes guidance on FTC Red Flags Rule

November 17, 2010
Virtual seminars Aug. 26, Sept. 23

A new publication by the National Automobile Dealers Association helps dealers abide with the Federal Trade Commission’s new Red Flags Rule. Compliance is mandatory Nov. 1.

"A Dealer Guide to the FTC Red Flags and Address Discrepancy Rules: Protecting Against Identify Theft" explains the requirements and includes detailed, step-by-step guidance on developing the written program required under the rule. Also included: a sample written program, work sheets and other materials.



All NADA members were mailed a free copy of the guide about Aug. 1. The sample written program also is free to NADA members upon request to Include NADA member identification number in the message.



Additional copies of the guide are available to members at $40 each, to nonmembers at $80 each.



The guide will serve as the basis for two Red Flags Rule virtual seminars hosted by the NADA, Aug. 26 and Sept. 23. To register for one of the seminars, or call 800-248-6323 ext. 7273. Registration is $199 per computer connection.