Atlanta Fed President Bostic violated Federal Reserve trading rules ...Middle East

Raphael Bostic is president of the Federal Reserve Bank of Atlanta.A report by the Federal Reserve's Office of Inspector General has raised suspicions of Bostic's trading:Bostic “created an ‘appearance of acting on confidential FOMC information’ ‘appearance of a conflict of interest’ that could cause a reasonable person to question his impartiality”breached the FOMC’s blackout and trading preclearance rulesbreached disclosure statement and prohibited holdings policiesThe investigation was requested by Federal Reserve Chair Powell. More at Reuters:Trades on Bostic's behalf took place during prohibited "blackout" periods around Federal Open Market Committee meetings 154 times between March 201

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