WASHINGTON - When regulators release their financial privacy proposal today for public comment, bankers can expect a 40-page preamble, a 30-page regulation, and a pragmatic approach to the task of balancing bank and consumer rights.

The Office of the Comptroller of the Currency will post its version on its Web site this morning (www.occ.treas.gov), while the Federal Reserve Board will issue its own just before voting on it around lunchtime. The proposed rules would implement privacy provisions in the financial reform law enacted in November.

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