Yes, but apparently some industries such as aerospace, military and medicine may be exempt. If that is the case then the problem is well known and acknowledged (read the NASA links from the article).
Lead isn't something that is created like Plutonium or Agent Orange. It's use and disposal just lead to a redistribution around the planet. Freeing from ore and resultant accumulation may be a localised problem which can be managed, but as these regs appear to be environmental concerns, I wonder what the comparative costs are for multiple replacement products with regards to production, distribution and disposal.
I suppose it will help to maintain the capitalist model.