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"I felt a great disturbance in the Force, as if millions of voices suddenly cried out in terror and were suddenly silenced. I fear something terrible has happened."

- OBI-WAN KENOBI, Star Wars

As described in the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau's (CFPB's) primary purpose is to protect people against unfair, deceptive and abusive acts and practices in the consumer financial services market. It's all well and good in theory, but Dodd-Frank didn't go into a lot of detail on how that theory was to be put into practice.

Instead, it gave the CFPB wide latitude on how to define the mechanics of the theory …