815 ILCS 124/21: Rules.

(a) In addition to the powers set forth in this Act and other laws, the Secretary may adopt rules consistent with the purposes of this Act, including, but not limited to, rules to:

(1) protect consumers in this State in connection with the activities of persons subject to this Act;

(2) define improper, deceptive, unfair, abusive, or fraudulent business practices in connection with providing products and services under this Act;

(3) define terms used in this Act to interpret and implement this Act;

(4) promote competition and price transparency; and

(5) enforce the provisions of this Act.

(b) The Secretary may make specific rulings, demands, and findings deemed necessary for the proper conduct of the buy-now-pay-later loan industry.