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NADA to offer 3rd virtual Red Flags seminar

November 17, 2010

Due to the unprecedented demand—so far, more than 1,100 individuals and dealer groups have logged on to two NADA’s Red Flags seminars—the National Automobile Dealers Association is offering another virtual seminar on what dealers need to do by Nov. 1 to comply with the new FTC Red Flags Rule. The seminar is 12-2 p.m. Oct. 20.

The seminar will be presented live and online, and registrant participation is invited. The presenters include Bert Rasmussen, author of the NADA publication, "A Dealer Guide to the FTC Red Flags and Address Discrepancy Rules: Protecting Against Identity Theft;" and Paul Metrey, NADA director of regulatory affairs.

The seminar will address what must be done by Nov. 1 to comply with the Red Flags Rule, such as:

• Preliminary risk assessment 
• Construction of a written Identity Theft Prevention program 
• Knowing the indicators of identity theft (Red Flags) and how to detect and respond to them 
• Training requirements 
• Service provider oversight 
• Involvement of dealership’s board of directors

Dealers, general managers, CFOs, controllers, finance managers, sales managers, IT managers and outside compliance professionals are encouraged to attend. The fee is $199 per computer connection. Be sure to have a copy of Rasmussen’s guide at hand during the seminar.

To register, go to  www.nada.org/seminars, or call 800-252-6232 ext. 2. To order the guide, go to www.nada.org/RedFlags.

 

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