What does the Regulatory Rexibility Act require?Under the Regulatory Flexibility Act, whenever a new regulation will have a "significant impact upon a substantial number of small entities," the agency must conduct a regulatory flexibility analysis, which must measure the cost that the rule would impose on small businesses and consider tess burdensome atternatives only.Under the Regulatory Flexibility Act, whenever a new regulation will have a "significant impact upon a substantial number of small enticies." the agency must conduct a regulatory flexibility analysis, which must measure the cost that the rule would impose on small businesses and consider fess burdensome alternatives. The act also contains provisions to alert small businesses about forthcoming regulations and has relieved small businesses of some record-keeping burdens, especially with regard to hazardous waste management, and of having to comply with any agency subpoena.Under the Regulatory Flexibility Act, whenever a new regulation will have a "significant impact upon a substantial number of small entities" the agency must conduct a regulatory flexiblity analysis, which must measure the cost that the rule would impose on small businesses and consider less burdensome alternatives, and the act'lso contains provisions to alert small businesses about forthcoming regulations only.