Complying with Privacy & Financial Protection Regulations for Equipment Dealers-Webinar Recording

Video Transcription

Video Summary

The webinar discussed the ever-changing regulatory landscape related to the management of customers' personal and financial information for equipment dealers. The speakers discussed key regulations such as the Fair Credit Reporting Act, the Equal Credit Opportunity Act, the Telephone Consumer Protection Act, the CAN-SPAM Act, and the Office of Foreign Assets Control. They highlighted the importance of compliance management systems and the use of technology to stay updated on regulatory requirements. They also mentioned the need for dealers to be aware of state-specific regulations, such as the new California and New York disclosure laws, which could have implications for commercial credit sales. The speakers emphasized the importance of following privacy regulations and mentioned that increasing focus on privacy and data protection could lead to additional regulations affecting commercial finance in the future.

Keywords

regulatory landscape

customers' personal information

financial information

equipment dealers

Fair Credit Reporting Act

Equal Credit Opportunity Act

Telephone Consumer Protection Act

CAN-SPAM Act

compliance management systems

privacy regulations