In last week’s news: “Major CRT Tonnages Left in Creative Recycling’s Wake”, Creative’s receiver, Robert Swett states that they’ve applied for extensions to the speculative accumulation requirement to get out of trouble for having 30 million pounds stored at ‘various locations in 6 states’.
Swett says, “This will alleviate CRS’ efforts towards glass recycling, allowing it to focus cash on other areas within the company that are more immediate.”
Regulators say they don’t have the resources to effectively enforce the Rule. If they were handing out fines for violations rather than gifts, they’d have the funds for proper enforcement.
Ramifications for violating the CRT Rule = 0