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Safeguards Rule: 1 year later

November 22, 2010
A telephone conference to review the FTC's year-old "Standards for Safeguarding Customer Information," or Safeguards Rule, will be hosted by the NADA on May 25. Registration is $99 for NADA members, $169 for nonmembers. The teleconference, 12-2 p.m. CDT May 25, will be conducted by staff of the dealer association in conjunction with a panel of attorneys from the FTC. The review roughly coincides with the 1-year anniversary of the Safeguards Rule's implementation. The rule requires dealership to develop, implement and maintain a comprehen- sive, written information security program to protect their customer information. Many dealer uncertainties remain about exactly what the rule requires. After opening comments by the attorneys, the remainder of the two-hour teleconference will be devoted to questions. To register, call the NADA Fax-on-Demand number, 800-778-7209, and request the registration form, Document 27, which would be delivered to a designated fax machine. The registration fee gives dealers a site license, so any number of employees may listen to the presentation.