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ECB bars policymakers from making speculative investments, short-term trades

ECB bars policymakers from making speculative investments, short-term trades

The new rules will see policymakers no longer be allowed to invest in individual stocks or bonds but only in "broadly diversified" funds and will have to hold those investments for at least a year (previously a month). According to the ECB:

"Under the enhanced rules, high-level ECB officials must limit their investments to publicly listed, broadly diversified collective investment schemes such as exchange-traded fun... Read More

Posted: Dec 16 2022, 11:39
Author Name: forexlive
Views: 110722

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