The Federal Reserve (Fed), the US Federal Reserve, announced in October that the regulations restricting its officials from trading in stocks and bonds will come into effect on May 1, extending it to include cryptocurrencies.
CNBC’of the February 18 According to the news dated Fed officials within the scope of the regulations that have become official today stocks and your bonds Besides the trading a range of assets including cryptocurrencies won’t be able to. Federal Open Market Committee (FOMC)most of the restrictions 1 May announced that it will enter into force on
Rules Members of the FOMC, regional bank presidents, personnel officers who regularly attend board meetings, bond desk managers, and a range of other officials, including Fed employees. In addition, these officials wives and their children will also cover.
According to the statement Fedmore examination and analysis after completed additional personnel some or all of these rules. to be subject to waiting. The statement also states that any Protection against the appearance of a conflict of interest by providing Committeeof the works to the impartiality and to the integrity the one which promoting public trust purpose was given.
Last year, just before the Central Bank took sweeping measures to stimulate the economy in the early days of the pandemic, several senior officials individual stocks and stock funds There were rumors that he was trading. Boston district presidents after rumors Eric Rosengren and Robert Kaplan had resigned from his duties.