Retailers Target Flaws In CPSC Reform Bill

Law360, New York (October 19, 2007, 12:00 AM EDT) -- With lawmakers scrambling to address concerns over the state of the faltering federal watchdog meant to police consumer goods, the world's largest retail trade association on Thursday embraced a legislative proposal to boost funding for the Consumer Product Safety Commission but expressed concern over other parts of the bill.

The National Retail Federation's comments Thursday came in response to the CPSC Reform Act of 2007 (S.2045), introduced by Sen. Mark L. Pryor (D-Ark.) in September.

The bill aims to revamp the agency by funneling hundreds of...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.