SGMA Legal Task Force CA Chemical, CPSC Definition of a Child's Toy & Conflict Minerals Conference Call - Silver Spring, MD
Thursday, October 21, 2010 1:00PM EST
Towards the end of this month, the SGMA Legal Task Force is pleased to present a conference call on the developments of the New California Chemical Law, the CPSC Definition of a Child's Toy, and Conflict Minerals. Below is some background information on these 3 pressing issues.
New California Chemical Law
The regulations apply to all consumer products placed into the stream of commerce in California, and all chemicals that exhibit a hazard trait and are reasonably expected to be contained in these consumer products; EXCEPT for those products exempted by the statute: dangerous prescription drugs and devices; dental restorative materials; medical devices; packaging associated with dangerous prescription drugs and devices, dental restorative materials and medical devices; food; pesticides; and mercury-containing lights. (Mercury-containing lights are exempted only through December 31, 2011.) The regulations do not apply to products used solely to manufacture a product exempted by the statute, or to products manufactured, stored or transported through California solely for use out-of-state.
CPSC Definition of a Child's Toy
CPSC recently released the final interpretation of “children’s products” clarifying how they will view various products used by both children and adults, including sporting goods. SGMA submitted comments to CPSC regarding the treatment of sporting goods under new “Children’s Product” safety regulations. The SGMA Legal Task Force will review the final interpretation of the “Children’s Product” definition and the application of the regulations to sporting goods equipment.
* October 13, 2010 - The CPSC Released a complete interpretive rule on the definition of a 'Child's Product'. Click here to read more.
Financial services reform legislation passed in July contained a conflict minerals provision. This provision will require all U.S. publicly-held companies to submit an annual report to the SEC indicating whether their products contain conflict minerals originating from the Congo or adjacent countries.
The statute defines conflict minerals as including cassiterite (the chief ore for tin, something commonly used in electronic components and other articles), as well as columbite-tantalite (or “coltan,” from which tantalum and niobium are extracted), gold, and wolframite. If a company reports that it did use conflict minerals originating from the subject countries, it must provide certain additional information, including an independent private sector audit. In addition to the SEC reporting requirement, the company also will be required to post the information on its website.
The regulations to be developed by the SEC are expected to establish due diligence requirements for importers to determine the origin of conflict minerals. The SEC must issue implementing regulations April 2011.
For this Conference Call, attendance is available for ALL MANUFACTURERS who are current members.
For further details on the Conference Call or SGMA Membership you can email Jonathan Michaels, SGMA Membership Manager, at firstname.lastname@example.org .