[blaster88]

If a financial institution breaches the gag order, it faces criminal penalties. And finally, the FBI will no longer be required to report to Congress how often they have used the National Security Letters.

Hmmm. I don't see anything in the legislation which does either of these things.

[dread78645]

> If a financial institution breaches the gag order, it faces criminal penalties. And finally, the FBI will no longer be required to report to Congress how often they have used the National Security Letters. Hmmm. I don't see anything in the legislation which does either of these things.

The gag law is old stuff from the 1992 "Bank Secrecy" act.
For more info, google '31 USC 5318'