Podcast 166 starts with a synopsis of news stories celebrating the year’s fantastic start, but also calling attention to a few troublesome storm clouds.
Today’s guest is a man who has dedicated his career to helping ensure that small business owners aren’t violating a plethora of federal regulations.
Charles Campbell is a senior instructor at the U.S. Compliance Academy, a company that helps dealership clients use online training and information sharing to navigate the alphabet soup of federal government agencies, and the regulations they enforce.
The group offers a variety of live and online training courses to help dealers comply with requirements of the Dodd-Frank Act, Military Lending Act, Consumer Financial Protection Bureau, Federal Trade Commission and others. The firm also helps dealers develop policy manuals and walk the tightrope of sexual harassment rules.
Campbell explains some of the landmines dealers face and describes how the U.S. Compliance Academy can help them find safe harbor and avoid any imperial entanglements.
It’s an important topic. Nobody knows for sure how many federal laws and rules are in effect. Last year, Forbes magazine reported there were 88,899 new administrative rules and 4,312 new laws had been passed between January 1995 and December 2016.
Auto Dealer Monthly published a story in 2010 that attempted to list some of the most costly rules to break with penalties ranging from $1,000 to $100,000 per violation.
For more information, be sure to visit www.uscomplianceacademy.com.