Blog

Leading investor groups oppose expected SEC effort to weaken rules (WE WIN DELAY!)

Friday, August 17, 2012

Consumer Program Director

UPDATED: WE WIN! SEC AGREES TO DELAY AND CONDUCT CAREFUL CONSIDERATION OF BAD PROPOSAL. Original: The SEC could vote as soon as August 22 to weaken protections against investor fraud -- under the false guise of stimulating jobs! U.S. PIRG, the Consumer Federation of America, the AFL-CIO, a former SEC commissioner and other investor advocates have sent a strong letter to the SEC urging it not to act, especially under unjustifiable emergency rules that deny a reasonable public comment period.

Consumer Protection

New Law Turns 4 This Week-- Got The Lead Out of Kids Toys

Thursday, August 16, 2012

By | Nasima Hossain

Public Health Advocate

This week marks the 4th birthday of PIRG-backed legislation that gave the Consumer Product Safety Commission new tools, including the power to get the lead out of kids toys.

Public Health

Bumbo, CPSC Recall Baby Seat Linked To Skull Fractures

Wednesday, August 15, 2012

By | Ed Mierzwinski

Consumer Program Director

The U.S. Consumer Product Safety Commission (CPSC) and Bumbo, maker of a baby seat linked to at least 21 skull fractures, have announced a repair recall to install a free safety belt. U.S. PIRG and other consumer groups had pressured them to act.

Consumer Protection

FTC files latest challenge to "pay for delay" generic drug deals

Monday, August 13, 2012

By | Ed Mierzwinski

Consumer Program Director

Today the U.S. Federal Trade Commission filed a legal brief "challenging an agreement between drug manufacturers Wyeth and Teva Pharmaceuticals" where plaintiffs allege "Teva agreed to delay its introduction of a generic version of Wyeth’s blockbuster antidepressant drug Effexor XR." Fighting anti-competitive prescription drug deals that cost consumers "billions" is a signature issue for Chairman Jon Leibowitz's FTC.