Federal Right to Financial Privacy Act (RFPA)
Under the Federal Right to Financial Privacy Act (RFPA) of 1978, financial institutions may not disclose consumer’s financial records to federal governmental authorities absent consent, a subpoena or a search warrant. This law was enacted as a reaction to U.S. v. Miller, a case where the court found no violation of the Fourth Amendment where bank records had been requested through a subpoena (rather than a…