Ethics-Policy

Fed Implements Strict Trading Restrictions After Major Ethics Scandal

| Importance: 7/10

The Federal Reserve announced comprehensive trading restrictions for senior officials following a major financial ethics scandal. In response to controversial trades by regional Fed bank presidents Robert Kaplan and Eric Rosengren during the Covid-19 pandemic, the Fed imposed strict new rules …

Jerome Powell Federal Reserve Board Elizabeth Warren Richard Clarida Robert Kaplan +1 more federal-reserve ethics-policy trading-restrictions jerome-powell regulatory-response +4 more
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