Johnson & Johnson to Remove Formaldehyde From Products By Katie Thomas August 15, 2012 The New York Times http://www.nytimes.com/2012/08/16/business/johnson-johnson-to-remove-formaldehyde-from-products.html?_r=1&nl=todaysheadlines&emc=edit_th_20120816
[Excerpted] "Johnson & Johnson, which makes a range of personal care products like baby shampoo, acne cream and antiwrinkle lotion, announced plans Wednesday to remove a host of potentially harmful chemicals, like formaldehyde, from its line of consumer products by the end of 2015, becoming the first major consumer products company to make such a widespread commitment...."
Majia here: It is about time! The FDA regulation of cosmetics is lax. The result is that many cosmetics have ingredients - such as lead and formaldehyde - that are not safe.
A great site for evaluating the safety of the products you use daily is The Campaign for Safe Cosmetics