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The Consumer Product Safety Commission (CPSC/Commission) recently approved a new safety standard that effectively bans once wildly popular magnet sets. This rule [16 CFR 1240] affects
millions of small high-powered magnet sets used as adult desk toys. The rulemaking followed a long history of CPSC efforts to address safety concerns with magnet sets—none of which eliminated ongoing incidents of serious harm to children.

Read the full article:

“New CPSC Magnet Standard Tackles Safety Concerns”News & Developments, Products Liability, American Bar Association Section of Litigation, November 25, 2014