Toy safety plan to debut Feb. 1

Industry group says it will make proposal backing mandatory safety checks available for public review.

Subscribe to Companies
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
By Parija B. Kavilanz, CNNMoney.com senior writer

NEW YORK (CNNMoney.com) -- The Toy Industry Association said Friday that it expects to release a draft of tough new safety rules, which include a plan to require manufacturers to test toys for hazardous chemicals and defective designs, on Feb 1.

The trade group was initially expected to release the plan on Dec. 31, as reported Thursday by CNNMoney.com.

The association, which represents 500 toymakers, said Friday it needs an additional month to finish hammering out the details of the plan before making it available for public review.

The three-point plan, which the group developed in response to public criticism of 25 million toys recalled over the summer, will likely call for stricter safety tests in overseas factories where the products are made and once the toys are imported into the United States.

"We are developing a system that will help to assure that products entering the U.S. market meet this nation's rigorous toy safety requirements, whether those requirements are defined in standards or regulations," association President Carter Keithley, said in a statement.

The initiative by the TIA was first announced in September, and comes as Congress is considering harsh rules on companies that sell unsafe products.

The industry group is hoping that the Consumer Product Safety Commission, which has been attending its meetings from the start of the process, will endorse its testing plan and certify it as the new standard for toy safety.  To top of page

Photo Galleries
8 must-have travel apps Whether you've got wanderlust or an airline grievance, here are some apps to pack onto your phone. More
Hot stocks: 10 record breaking companies The S&P 500 is trading at all-time highs, and many well-known businesses are leading the charge. Time to buy or sell? More
My biggest retirement mistake Five CNNMoney readers share stories about saving that you can learn from. What they would do differently if they had another chance. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.