
Agency alleged that 8 dealerships charged illegal junk fees, discriminated against black buyers.
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The Federal Trade Commission has proposed new regulations that target dealership ads and F&I practices.
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The FTC hopes the proposed rule will save consumers time and money and ensure a level playing field for honest dealers.
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Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses.
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If dealers observe a modicum of compliance protocols, they can contain almost all regulatory perils. Dealers and their trade organizations are a formidable political force and should be lobbying together.
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