🚨 Atlanta Fed President Raphael Bostic Violates Fed Trading Rules! 🚨
Despite an inadvertent breach of Fed trading rules during the blackout period, an Inspector General report cleared Bostic of using confidential FOMC information. Let’s break down what happened:
🔒 Violation: Bostic made trades during the Fed blackout period, a critical window where trading is strictly prohibited.
📊 No Evidence of Misconduct: The report confirms that Bostic's trades were not influenced by sensitive FOMC data.
🔍 Compliance Review: The incident has drawn attention to oversight on trading practices within the Fed, but no further disciplinary actions were suggested.
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