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Fed's Bostic made more transactions during an FOMC blackout period
This seems to be a storm in a tea cup. New disclosures reveal that Federal Reserve Bank of Atlanta President Raphael Bostic made multiple trades leading up to the FOMC meeting in May 2022 A money manager acting on Bostic’s behalf bought and sold shares of 19 exchange-traded funds on May 2, 2022. This was during the so-called blackout in which officials like Bostic are prohibited from making trades and from speaking publiclyBostic had transgressed similarly with trades made prior to the March and...
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Posted: Jun 15 2023, 21:13
Author Name: forexlive
Views: 112577