Reported 28 days ago
A report from the Federal Reserve's Office of Inspector General has found that Raphael Bostic, President of the Atlanta Fed, violated trading rules, including conducting trades during prohibited blackout periods and submitting inaccurate disclosure forms. Although the report indicated that there was no evidence of inside information use or financial conflicts of interest, Bostic was held responsible for ensuring compliance with applicable rules. This controversy follows increased scrutiny of trading practices among Federal Reserve officials.
Source: YAHOO