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Spray an 9"x 13" (or 8"x 8" for thicker bars) casserole dish with nonstick cooking spray.
In a 4 quart sauce pan, melt butter on low heat. Do this slowly, you don’t want burned or brown butter here.
Once butter has melted, keep heat on low and add mini marshmallows.
Once marshmallows begin to soften and melt, add peanut butter.
At this point, you will need to constantly stir the mixture so the peanut butter does not burn and the marshmallows can evenly melt (won’t take too long, about 5 minutes or so).
Once, mixture is combined and melted, turn off heat and remove pan from stove.
Add rice krispy cereal to sauce pan and stir until evenly coated with mixture. This is sticky stuff so do your best to get it all combined.
Pour mixture into casserole dish (it will look very loose.) Spray your hand with some nonstick cooking spray and pat down the mixture until firmly compacted.
Allow 30-45 minutes for treats to set up.