CFPB Finalizes Rule Permitting Financial Institutions to Post Privacy Notices Online
By: Kristie D. Kully, David A. Tallman, Jeremy M. McLaughlin
Last week, the CFPB last week finalized its rule permitting certain financial institutions to post their annual privacy notices online, claiming it will benefit consumers and financial institutions alike. The rule became effective on October 28, 2014, and applies to banks and non-banks within the CFPB’s jurisdiction.