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The Fed imposes new rules, severely restricting the stock market activity of its officials

2021-10-21T18:17:03.920Z


The American Central Bank (Fed) announced new rules on Thursday, severely restricting the investments allowed to its officials ...


The US Central Bank (Fed) on Thursday announced new rules, severely restricting investments allowed to its officials after disclosures about transactions made by some members, leading to the resignation of two of them.

These new rules "

prohibit them from buying individual shares

", from carrying out transactions "

during periods of heightened tension on the financial markets

" and obliging them to request authorizations before purchases and sales and to declare them more fully. frequent.

This is "to

help guard against even the appearance of any conflict of interest,

" said the institution in a press release.

Source: lefigaro

All business articles on 2021-10-21

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