The Dodd-Frank Act of 2010 created the BCFP to help protect consumers from informational asymmetry problems in their financial transactions.

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The Dodd-Frank Act of 2010 established the Bureau of Consumer Financial Protection (BCFP), also known as the Consumer Financial Protection Bureau (CFPB), to address issues like informational asymmetry in financial transactions and protect consumers.

The Dodd-Frank Act of 2010 Created the BCFP to Help