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DelawareUDAAP Training
- AI authoring tools for easy customization
- Meets accessibility standards
- Auto-save training, mobile-friendly
- Deliver on Ethena or your LMS (SCORM)
Course Summary
The FTC Act and Dodd-Frank Act create high standards for companies offering financial products and services to ensure they avoid unfair, deceptive, and abusive acts and practices (or UDAAPs). These UDAAP compliance requirements impact many areas of business, and it is crucial that employees know what they are and how to steer clear of violations.
Ethena’s UDAAP training course focuses on defining unfair, deceptive, or abusive acts or practices (UDAAPs), the differences between UDAAP vs. UDAP, and how to avoid UDAAP violations.
Included Modules
What is UDAAP?
An introduction to the term UDAAP (unfair, deceptive, or abusive act or practice), the law that prohibits UDAAPs, and to whom that prohibition applies.
UDAAP Terms and Definitions
How the law specifically defines “unfair,” “deceptive,” and “abusive,” with examples of acts and practices that fall under each category.
UDAAP vs. UDAP
Understanding the differences between “UDAAPs” (unfair, deceptive, or abusive acts or practices), as prohibited by Dodd-Frank, and “UDAPs” (unfair or deceptive acts or practices), as prohibited by the FTC Act.
Avoiding UDAAP Violations
Best practices for avoiding UDAAP violations: monitoring consumer complaints, reviewing marketing materials and disclosures, and managing third-party partners.
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