This is an article appearing at CNNMoney.com and referring to the latest research findings on the toxicity of toys. A must read. One in three toys tested was found to contain toxic chemicals such as lead, flame retardants and arsenic, according to a report issued Wednesday by an environmental group. Researchers for the Michigan-based Ecology Center tested more than 1,500 popular toys for lead, cadmium, arsenic, PVC and other harmful chemicals. They said they found that one-third of the toys contain "medium" or "high" levels of chemicals of concern.