FTC Provides Guidance on Updated Safeguards Rule

Today, the FTC released Frequently Asked Questions that discuss the requirements of the Safeguards Rule, which was mandated by the Gramm-Leach-Bliley Act, and how it specifically applies to motor vehicle dealers. The FTC is committed to providing certainty to the marketplace and ensuring that it administers its regulations in a manner that minimizes burden to legitimate businesses. To…

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