Regulators of traditional intermediaries such as toy stores are struggling to deal with trending gadgets such as fidget spinners and hoverboards, which are being sold directly from Chinese manufacturers to US consumers, resulting in products reaching millions of people before anyone knows anything about them, particularly regarding their safety standards. "You can have a factory one day making hoverboards The new regulation will require companies that sell toys or other consumer goods online to register with the FTC for a “Toy Safety Reporting System” (TSRS) by July 1, 2018.
Regulators of traditional intermediaries such as toy stores are struggling to deal with trending gadgets such as fidget spinners and hoverboards, which are being sold directly from Chinese manufacturers to US consumers, resulting in products reaching millions of people before anyone knows anything about them, particularly regarding their safety standards. The new regulation will require companies that sell toys or other consumer goods online to register with the FTC for a “Toy Safety Reporting System” (TSRS) by July 1, 2018.