Child ID Theft on the Rise

April 07, 2011 | No Comments | share on facebook | retweet | share on LinkedIn

by Bob Sullivan, MSNBC

Originally published April 1, 2011 on msnbc.com:

Child ID theft, among the more tragic and vexing 21st Century crimes, is much more common than previously thought, suggests a report being published Friday by a Carnegie Mellon University fellow.

Data examined by Richard Power, a distinguished fellow at the school’s CyLab research center, offers hints that identity thieves are specially targeting children when picking victims.

"They make perfect targets because they have no records and don’t discover the crime for years,” he said. 

Using data supplied by identity monitoring company Debix, Power examined 40,000 children's profiles and found more than 10 percent had identities that were tainted in some way.

Click here to read more.

thecomplianceguide.com is intended for information purposes only and does not constitute the giving of legal or compliance advice to any person or entity. Because of the general nature of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on your particular situations and circumstances.

Compliance Definition - Fair Credit Reporting Act (FCRA)

April 08, 2011 | No Comments | share on facebook | retweet | share on LinkedIn

by Randy Henrick

Randy Henrick, DealerTrack’s Regulatory and Compliance Counsel, defines the Fair Credit Reporting Act and it's impact on auto dealers.

DealerTrack’s Randy Henrick to participate in FTC Roundtable Discussion. Watch live today, April 12, 2011 at 10:15 AM ET!

April 12, 2011 | No Comments | share on facebook | retweet | share on LinkedIn

by DealerTrack

Randy Henrick, DealerTrack’s Associate General Counsel, has been handpicked by the FTC to participate in a roundtable discussion that takes place today, April 12, 2011 at Wayne State University Law School in Detroit.

The roundtable wll focus on consumer protection issues related to sales and financing of consumer vehicles – cars, SUVs, and light trucks. 

The event will be broadcast live via the Internet at 10:15 AM ET / 7:15 AM PT.  Click here to watch the live webcast!

Interest Rates, Dealer Reserves, and Markups: FTC Roundtable Panel Replay

April 18, 2011 | No Comments | share on facebook | retweet | share on LinkedIn

by DealerTrack, Inc.

The following is a broadcast of the FTC's roundtable panel on "Interest Rates, Dealer Reserves, and Markups".  The panel was held on April 12, 2011 in Detroit, MI and featured DealerTrack's regulatory and compliance counsel, Randy Henrick. 

Other panel members included Andy Koblenz, NADA's VP of Legal and Regulatory Affairs and General Counsel; Peter Sheptak, VP and General Counsel of World Omni Finance Co.; John Van Alst, an attorney with the National Consumer Law Center; and Delvin Davis, a research analyst for the Center for Responsible Lending. 

The panel was moderated by Reilly Dolan, the FTC's Assistant Director of the Division of Financial Practices.

Click here to watch the broadcast.