The Consumer Product Safety Commission (CPSC) has entered a settlement agreement with Ross Stores, Inc. to resolve staff allegations that the retailer committed prohibited acts by failing to inform CPSC about the company’s continued sale of children’s garments with drawstrings. Under the agreement, the company will pay $3.9 million, said to be the highest civil penalty ever assessed by the agency for drawstring violations and a reflection of the company’s purported status as a “repeat violator.” The company will also institute measures to reduce the risk of future noncompliance, including enhanced compliance procedures and internal controls. See CPSC Chair Inez Tenenbaum Statement, June 21, 2013; Bloomberg BNA Product Safety & Liability Reporter, June 24, 2013.