| For immediate release |
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The Federal Reserve Board today announced the issuance of an Order to Cease and Desist against Brian Gager, a former foreign exchange trader and institution-affiliated party of the New York branch of The Nippon Credit Bank, Ltd., Tokyo, Japan.
Mr. Gager, without admitting to any allegations, consented to the issuance of the order in connection with his alleged improper trading activities. A copy of the order is attached. |
| Order (153 KB PDF) |