Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Product Safety Recalls Create New Breed of Compliance Concerns

Joe Mont | July 21, 2015

Automakers, airbag manufacturers, and even ice cream companies have suffered regulatory wrath and reputational damage over product safety concerns and inadequate recall procedures. Those in the crosshairs, especially when the Consumer Product Safety Commission is involved, are finding that their missteps can come with hefty fines and rigid compliance demands.

While other government agencies, such as the National Highway Traffic Safety Administration, also oversee safety issues and recall notices, the CPSC is emerging as the toughest cop on the beat, one with a broad reach that extends to manufacturers, distributors, and retailers.

Nancy Nord“Companies that aren’t paying attention to the CSPC do so at their own risk,” says Nancy Nord, of counsel at the law firm Olsson Frank Weeda Terman Matz Nord and a former commissioner and...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.