How CPSC Late Reporting Penalty Trends Are Evolving

By Eric Rubel, Michelle Gillice, Jennifer Karmonick and Jessica Wang (April 17, 2018, 12:40 PM EDT) -- The U.S. Consumer Product Safety Commission is a small federal agency with a big job: protecting consumers from unreasonable risks of injury from more than 15,000 types of products. The CPSC uses safety data submitted by companies pursuant to the notification requirements in Section 15 of the Consumer Product Safety Act (CPSA) to help carry out the agency's mandate.[1] Further, following implementation of the Consumer Product Safety Improvement Act of 2008 (CPSIA), which increased dramatically the maximum penalties for noncompliance, the CPSC has been aggressively pursuing multi-million dollar penalties for alleged late reporting and other violations....

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