In this video, we'll discuss the Safeguards Rule and what it is, as well as discuss some of the ramifications for businesses that do not comply. We'll also talk about financial institutions, the Gramm Leach Bliley Act, and the NEW compliance requirements that businesses must meet by June 9, 2023.

If you're in the business of selling cars or other vehicles, then you need to be aware of the Safeguards Rule. This rule is designed to protect consumers from unauthorized financial transactions and is one of the requirements of the FTC. If you're not complying with the Safeguards Rule, you may face fines from the FTC and lawsuits from your customers. Make sure you are up to date with the safeguards rule and learn what you have to have in place by June 9, 2023.