Episode Details
Back to EpisodesWeekly Wrap: Tackling compliance ambiguities in auto finance
Episode 72
Published 5 years, 2 months ago
Description
The auto finance industry has recently seen the removal of certain ambiguities in compliance and regulation practices.
The U.S. Supreme Court, for one, clarified the definition of an automatic telephone dialing system in its April 1 decision of Facebook v. Duguid, providing auto lenders a better understanding of what an ATDS is, and how to apply that knowledge to their processes. The Telephone Consumer Protection Act continues to be a point of contention for auto lenders and regulators.