Monday 21 February 2022

Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies

Fed approves rules banning its officials from trading stocks, bonds and also cryptocurrencies

Federal Reserve officials won’t be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday. Following up on regulations announced in October, the policymaking Federal Open Market Committee announced that most of the restrictions will take effect May 1.
Read more: https://www.cnbc.com/2022/02/18/fed-approves-rules-banning-its-officials-from-trading-stocks-bonds-and-also-cryptocurrencies.html?source=Snapzu

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