A bi-directional quick change tool-less lever and wedge actuated collet chuck, a system and/or a method provide symmetrical tool bit shank holding pressure before, during and after operation of a rotary-style power tool. The collet chuck is attached to and/or is integrated with high speed, variable speed and/or low speed rotary-style power tools, such as, for example, electrically driven rotary-style power tools and/or pneumatically-driven rotary-style power tools. The collet chuck provides tool-less automatic and/or tool-less manual tightening of the collet around a shank of an accessory for the rotary-style power tool. The collet chuck, the system and/or the method provide tool-less manual loosening of the collet for accessory replacement.