Reynolds Director to Address Dealer Compliance Issues
DAYTON, Ohio — Dealers concerned with regulatory issues in the auto industry may want to attend the F&I Management and Technology Conference and Expo, which is featuring director of compliance Terry O'Loughlin from Reynolds and Reynolds.
"Across the board, dealers I've spoken to recently cite today's regulatory environment, combined with the recession, as among the biggest concerns for their business," O'Loughlin said.
"Yet, one key to improved business performance in any business environment is the ongoing confidence that your compliance efforts are a fundamental part of how you do business," he explained.
To be held Sept. 21 through Sept. 23 in Orlando, Fla., O'Loughlin is scheduled to moderate an industry roundtable on compliance issues and proven processes dealers can put in place to minimize risks and missteps.
He will also join a panel discussion focused on exploring changes in the automotive finance landscape and how dealerships can adopt best practices in creating deals that appeal to both customers and lenders.
"Solid compliance disciplines can actually improve your processes and mitigate a potential liability," O'Loughlin noted.
"I expect the presentations at the conference will help dealers gain better insight into what's going on today in compliance and what's likely to evolve in the future," he added.
Prior to joining Reynolds, O'Loughlin was involved in investigating and prosecuting dealers, manufacturers, and finance and leasing companies with the attorney general's office in Florida. He also assisted in the drafting and was the mediator of Florida's Motor Vehicle Lease Disclosure Act.