SECURITIES EXCHANGE ACT OF 1934
             Release No. 41178 / March 17, 1999

             Administrative Proceeding
             File No. 3-9849

             COMMISSION INSTITUTES ADMINISTRATIVE PROCEEDINGS AGAINST
             DANIEL L. KOEHLER

             The Securities and Exchange Commission today announced the
             institution of administrative proceedings against Daniel L.
             Koehler ("Koehler").  The Order Instituting Proceedings is
             based on the Order of Permanent Injunction and Other
             Equitable Relief by Default entered against Koehler on
             December 4, 1998 in SEC v. Omni International Trading, Inc.,
             et al., 97 CIV 2116 (D.Minn.), pursuant to the Commission’s
             Complaint.

             The Complaint alleged that, from in or about January 1991
             through in or about February 1995, Omni and the other
             defendants, including Koehler, defrauded public investors
             through the offer and sale of over $4 million in Omni
             securities.  These securities were not registered with the
             Commission.  Throughout this time period, the Complaint
             alleged that Koehler and the other defendants, in connection
             with the offer and sale of these Omni shares, made numerous
             misrepresentations and omitted to state material facts
             regarding, among other things, Omni’s future revenues, the
             use of proceeds, the listing of Omni securities for trading
             on the National Association of Securities Dealers Automated
             Quotations system, a purported tender offer, the expected
             profit to be made on the tender offer and the commissions to
             be earned.  In addition, the Complaint alleged that Koehler
             and others acted as an unregistered broker or dealer.

             A public hearing will be held to determine whether the
             allegations in the order are true, to offer Koehler an
             opportunity to establish any defenses to the allegations,
             and to determine what remedial sanctions, if any, are
             appropriate.