Voluntary Standards: Love Them or Hate Them, It’s A Good Idea To Comply
The current process for creating voluntary product safety standards has recently been criticized in the media in connection with a debate over whether rare-earth magnets can be adequately regulated through the voluntary standard process in order to protect children from swallowing the magnets. Voluntary standards can provide much-needed consistency and buy-in from industry stakeholders. Additionally, the CPSC treats them as a “floor” for consumer safety measures, so manufacturers are well-advised to be aware of them…