CategoryFinance Insurance

Federal agencies plan increased oversight of F&I

“Far-reaching structural reform to the automobile-financing and -sales markets is long overdue and urgently needed: First and foremost, the [Federal Trade] Commission can start by initiating a rulemaking, under the Dodd-Frank Act, to regulate dealer markup.” Federal Trade Commission Acting Chairwoman Rebecca Kelly Slaughter in a May 27, 2020, statement regarding the Bronx Honda case
“Far-reaching structural reform to the automobile-financing and -sales markets is long overdue and urgently needed: First and foremost, the [Federal Trade] Commission can start by initiating a rulemaking, under the Dodd-Frank Act, to regulate dealer markup.” Federal Trade Commission Acting Chairwoman Rebecca Kelly Slaughter in a May 27, 2020, statement regarding the Bronx Honda case (AUTOMOTIVE NEWS ILLUSTRATION)
May 10, 2021 04:00 AM