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7/25/24, 9:17 AM FRB: Press Release -- Order of Prohibition against David A. Kuhn -- June 30, 1997 Release Date: June 30, 1997 For immediate release The Federal Reserve Board today announced the issuance of an order of Prohibition against David A. Kuhn, a former bond trader and institution-affiliated party of the New York branch of Credit Lyonnais, Paris, France. Mr. Kuhn, without admitting to any allegations, consented to the issuance of the order in connection with his alleged falsification of the business records of Credit Lyonnais by mispricing his trading positions to conceal losses in his trading portfolio. A copy of the order is attached. Order (156 KB PDF) 1997 Enforcement actions Home | News and events Accessibility Last update: October 30, 1997, 12:00 PM https://www.federalreserve.gov/boarddocs/press/enforcement/1997/19970630/ 1/1