Fed limits trading by top officials in wake of ethics scandal

2021-10-21

October 22, 2021 7:30 AM

WASHINGTON (BLOOMBERG) – The Federal Reserve will ban top officials from buying individual stocks and bonds as well as limit active trading after an embarrassing scandal that led two officials to resign and clouded Chair Jerome Powell’s path to renomination.

Source : http://www.straitstimes.com/business/economy/fed-limits-trading-by-top-officials-in-wake-of-ethics-scandal

New Zealand's Ardern keeps going as earthquake disrupts live event

Queen Elizabeth back home after first night in hospital in years

Fed limits trading by top officials in wake of ethics scandal

Latest Articles

Your first job may not be your dream job, and that’s okay, fresh grads told at SPH Media Career expo

Luxury sales plunge in China as tax push hits rich shoppers

Wall St rises on the day but falls for the week; bond yields and Iran in focus

Learning about your peers’ salaries can be stressful, but not knowing may cost you

Want to know if you are paid enough? Start with these salary guides

Chagee opens three stores in a day, including family-friendly outlet in Pasir Ris Mall