Two recent changes to regulations will significantly impact the industry in 2009. These include changes to over-the-counter (OTC) labels, and the latest amendment to the Lacey Act. The most recent “Regulatory Review” column, published in December 2008, discussed the Lacey Act in brief but more details are emerging. Although neither of these regulatory changes will likely impact the way in which companies conduct business, they do require more information on product labels and will cause significantly more paperwork both for cosmetic companies and ingredient suppliers.
The Lacey Act Changes
John F. Lacey introduced a law that President McKinley signed on May 25, 1900, now known as the Lacey Act, which made it a federal crime to poach game in one state with the purpose of selling the bounty in another state. It became the first law to protect these endangered animals and birds. As the first federal conservation law, it remains one of the foundations of conservation law enforcement today.