Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: March 3, 1997


For immediate release

The Federal Reserve Board today announced the issuance of an Order of Prohibition against Damian Cope, a former trader and institution-affiliated party of the New York branch of The Midland Bank, plc, London, England.

Mr. Cope, without admitting to any allegations, consented to the issuance of the order due to his alleged falsification of books and records relating to his interest rate derivatives trading activities.

A copy of the order is attached.

Order (153 KB PDF)

1997 Enforcement actions


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Last update: October 30, 1997, 12:00 PM