FOMC adopts new ethics guidelines on buying and selling

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FOMC meeting January 2019

An FOMC assembly in January 2019

The Federal Open Market Committee (FOMC) adopted new guidelines on equities possession and buying and selling on February 17, tightening restrictions of officers’ market actions.

The reforms are a response to controversies surrounding large-volume buying and selling actions undertaken by Fed officers throughout 2020. On the time, the central financial institution was making substantial interventions in equities and bond markets.

Critics charged that officers had been ignoring potential conflicts of curiosity. Senator Elizabeth Warren

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