The Consumer Financial Protection Bureau (CFPB) recently released a proposal that would allow financial institutions to post their annual privacy notices online instead of mailing them to customers. The proposed rule would make it easier for consumers to instantly access privacy notices and to comparison shop for financial institutions. Institutions would be required to meet certain conditions in order to post privacy notices online instead of mailing them; if they meet these conditions, they could realize significant cost savings. For more, read the full news release.