Regulatory Alerts2020-01-01 | Bulletin 2020-2Oregon Division of Financial Regulation Bulletin DFR 2020-2: Title Company Continuing Education Compliance
The Oregon Division of Financial Regulation issued Bulletin DFR 2020-2 to guide title companies on complying with marketing rules when offering continuing education to intermediaries. The bulletin clarifies that live training qualifies as a business development activity subject to specific monetary limits, while pre-recorded content is classified as a miscellaneous thing of value with a lower cost cap. Title companies must calculate net costs by excluding fixed operating expenses and labor, ensuring the per-attendee expense remains within the adjusted 2020 limits to avoid civil penalties.
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