Sec. 603. Initial regulatory flexibility analysis
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Section 603(d)(1) of title 5, United States Code, is amended— in subparagraph (B), by striking and at the end; in subparagraph (C), by striking the period and inserting ; and ; and by adding at the end the following: with respect to the Bureau of Consumer Financial Protection, if the Bureau does not adopt any alternatives described in paragraphs
(1)through
(4)of subsection (c), a detailed justification of the Bureau’s determination that the relative size and resources of small entities should have no bearing on the rule, supported by factual, policy and legal reasons. .