CONTENTS PUB. 4 2023 ISSUE 1 @ 2023 Virginia Automobile Dealers Association (VADA) |The newsLINK Group, LLC. All rights reserved. Virginia Auto Dealer is published four times each year by The newsLINK Group, LLC for VADA and is the official publication for the association. The information contained in this publication is intended to provide general information for review and consideration. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your specific circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the association, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. Virginia Auto Dealer is a collective work, and as such, some articles are submitted by authors who are independent of VADA. While VADA and the newsLINK Group encourage a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact The newsLINK Group at 855-747-4003. 20 8 14 4 A Message From President and CEO, Don Hall In Virginia, Dealers Lead the Way! 6 2023 Legislative Update Why 2023 Was a Successful Legislative Session For Virginia Dealers 8 A Delay in the Safeguards Rule, But Dealers Should Not Wait By Hao Nguyen, Esq., CLO, ComplyAuto 11 VADA Annual Convention 2023: Register Today! 12 What You Don’t Know About Compliance Can Cost You Three Things to Think About in 2023 By Dealertrack 14 The Last Days of Non-Competes? By Mike Charapp, VADA Outside Counsel 16 The Right Time For A Risk Management Reset By Brandon Artigue, Director, Financial Risk Management, Truist Securities 18 The Franchise System is Important to Virginia and the Nation! 20 Over-Sharing in the Workplace? Why Your Company May Need A TikTok and BeReal Policy By Fisher Phillips 24 The Secret to Controlling Dealership Expenses By Sharon Kitzman, VUE DMS 27 Driving Virginia's Economy 28 Thank You To Our Program Partners 30 Allied Members vada.com 3
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