The Increasing Importance Of Timely Reports To CPSC

Law360, New York (June 4, 2012, 1:44 PM EDT) -- Since the 2008 enactment of the Consumer Product Safety Improvement Act (CPSIA), manufacturers, distributors, importers and retailers have noticed more aggressive enforcement of Consumer Product Safety Commission (CPSC) regulations.

In 2011-2012, for example, companies faced intensified scrutiny and increased penalties for allegedly failing to timely report product defects under § 15(b) of the Consumer Product Safety Act (CPSA). 15 U.S.C. § 2064(b).

Now, more than ever, businesses need to understand the law and develop strong CPSC compliance programs.

The Changing Landscape

The CPSIA dramatically increased civil...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.