Under comprehensive new investment and trading rules, senior Federal Reserve (Fed) officials will be banned from buying stocks, bonds, agency securities, foreign currency, commodities, industry funds and cryptocurrencies.
The new rules were announced in October, but previously the list of assets did not include digital assets.
For now, the rules apply only to high-ranking Fed officials, but the U.S. central bank expects that they will eventually apply to most employees.
The rules will take effect May 1. Officials will have one year to sell their assets.
Holpop News
Holpop News
Federal Reserve officials banned from holding securities, foreign currency and cryptocurrency
posted on February 19, 2022 by holpop in Blockchain
