Winston-Salem Town Hall Meeting
NCADA’s Annual Town Hall Tour provides dealers an opportunity to discuss important industry issues with their peers.
Read more...Boone Town Hall Meeting
NCADA’s Annual Town Hall Tour provides dealers an opportunity to discuss important industry issues with their peers.
Read more...NCADA Young Dealers Meeting
NCADA’s Young Dealers Group is comprised of industry professionals who share a passion for the family business. They represent second, third and fourth generation family dealerships from across North Carolina. This group meets quarterly for networking, leadership development and training.
Read more...The publications are in Pdf format and require Adobe Reader to view.
Please use the link below to download Reader if needed.
Regulatory News and Notices
October 30, 2009
FTC Delays Enforcement of Red Flags Rule to June 1, 2010
The Federal Trade Commission has announced an additional extension of the enforcement date for the Identity Theft “Red Flags Rule” to June 1, 2010. Although the rule actually became effective on January 1, 2008, enforcement of the rule had been set to begin November 1, 2009.
This is the fourth extension of the enforcement date of the Red Flags Rule since October, 2008. The current extension is at the request of several members of Congress, due to legislation which is currently being debated to exempt certain entities from the rule (e.g., health care, accounting and legal practices with 20 or fewer employees and certain other businesses). The FTC is being asked to delay enforcement until this legislation is finalized and it is known which types of entities will be exempted.
Please note, as with the earlier extensions, this delayed enforcement date does not apply to the rule regarding address discrepancies applicable to users of consumer reports. See below for a copy of the FTC’s Extended Enforcement Policy outling the extension. Please contact John Policastro at 919-828-4421 or at .(JavaScript must be enabled to view this email address) with any questions
The above information is provided for information purposes only and should not be construed as legal advice or a legal opinion on specific facts or circumstances. Please consult with legal counsel concerning specific factual situations before acting on this information.
