Another important regulatory document related to the CFPB's proposed rule is the Final Report of the Small Business Review Panel on the CFPB’s Potential Rulemaking on Pre-Dispute Arbitration Agreements. In creating the CFPB, Congress subjected its regulations to the requirements of SBREFA, the Small Business Regulatory Enforcement Fairness Act, a piece of legislation originally enacted in 1996 to apply to EPA and OSHA rulemakings. Thus, before proposing its rule, the CFPB was required to convene a panel of representatives of small business entities, which expressed a variety of concerns about the proposed rule that are reflected in this report.
