acf3326, textiles need to be labeled in very specific ways, (long before and in addition to CPSIA) and if your jewelry is made of floss, those rules might apply to you. I think bracelets may be excluded, but am not sure.
Here's a link that might help:
http://www.ftc.gov/bcp/edu/pubs/business/textile/bus21.shtmAs for CPSIA, if the sizing and merchandizing indicates that your product is for the over-12 set, you should not be affected but keeping up with events is wise anyway.