Max Zanan's Blog – January 2017 Archive (1)

Auto Sales Increase, So Do Regulatory Fines

While auto sales increased in 2016, so did the penalties dealers potentially face for violating government regulations.

The Department of Labor upped penalties levied by its agencies, including the Occupational Safety and Health Admin., which implemented inflation-adjusted increases.

The maximum fine for non-compliance jumped from $70,000 to $124,709, a 78% increase.

The Federal Trade Commission has increased penalties from $16,000 to $40,000, a 150%…

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Added by Max Zanan on January 13, 2017 at 9:42am — No Comments

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