Atlanta Fed chief under investigation after saying he broke trading, investing rules ...Middle East

The Hill - News

The president of the Federal Reserve Bank of Atlanta is under investigation after saying that he unintentionally did not disclose certain transactions on financial disclosure forms. Raphael Bostic, who has been the head of the bank since 2017, said in a statement that he has ensured since taking office that his assets were managed in accounts that he and his personal investment adviser did not have the ability to direct. But he said he has learned that the transactions third parties carry out should be listed on his annual financial disclosure forms, not just the assets themselves. He said he was unaware of specific trades and their timing because of his reliance on a third-pa

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Last updated : 15 October 2022 clock 11:32 PM

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Atlanta Fed chief under investigation after saying he broke trading, investing rules ...Middle East

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