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7/26/24, 4:35 PM FRB: Press Release--Order to Cease and Desist and of Prohibition against Terry Frierson--March 13, 2003 Release Date: March 13, 2003 For immediate release The Federal Reserve Board on Thursday announced the issuance of an Order to Cease and Desist and of Prohibition against Terry Frierson, a former chief executive officer, president, and institution-affiliated party of MSB Shares, Inc., and the Midsouth Bank, Jonesboro, Arkansas. A copy of the Cease and Desist Order is attached. Attachment (120 KB PDF) 2003 Enforcement actions Home | News and events Accessibility Last update: March 13, 2003 https://www.federalreserve.gov/boarddocs/press/Enforcement/2003/20030313/default.htm 1/1