Disclosure of Interests in Commission Proceedings; Termination of Rulemaking
Summary
The Consumer Product Safety Commission (CPSC) is proposing to change rules about how people and companies must disclose their financial interests and conflicts of interest when they participate in CPSC proceedings. The agency is also ending a separate rulemaking process, which means they've decided not to move forward with another proposed rule.
Key Points
- 1The CPSC wants to update disclosure requirements so that people involved in commission proceedings clearly reveal any financial interests that could bias their participation
- 2This rule applies to company representatives, consultants, and other participants who appear before the CPSC or submit comments on proposed consumer safety rules
- 3The rule aims to increase transparency and help the public understand whether someone's opinions might be influenced by money or business relationships
- 4The CPSC is stopping work on a different rulemaking process (ending what was started in a previous proposal)
- 5This is still a proposed rule, meaning the agency is gathering public feedback before making any final changes
Impact Assessment
If you are a manufacturer or company that participates in CPSC proceedings, you will need to provide more detailed information about your financial interests and potential conflicts of interest when you engage with the agency.
National
Minimal
Key Dates
August 28, 2025
Regulatory Connections
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.