A few months after introducing the first draft aiming to prohibit Fed officials from owning certain assets, the policymaking Federal Open Market Committee has updated the document to include cryptocurrencies.last year claiming that numerous Federal Reserve top employees traded stocks, bonds, and real estate securities in 2020, shortly before the central bank employed specific COVID-19-prompted policies that impacted the market.
It reads that senior officials will be prohibited from purchasing individual stocks or funds tracing business sectors. They also won’t be able to invest in individual bonds, commodities, foreign currencies, other securities, and cryptocurrencies. It’s worth noting that digital assets were not mentioned in the first draft.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed Approves Rules Banning Its Officials From Trading Stocks, Bonds and Also CryptocurrenciesFed officials won’t be able to trade stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday.
Source: NBCDFW - 🏆 288. / 63 Read more »
Fed senior officials will soon not be allowed to trade crypto, stocks and bondsThe rules were intended to “support public confidence ... by guarding against even the appearance of any conflict of interest.”
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Fed senior officials will soon not be allowed to trade crypto, stocks and bondsStarting on May 1, senior Federal Reserve officials already working at the agency would have one year to 'dispose of all impermissible holdings,' while new officials would have six months to do so. Yeah right. Nobody using a brain believes this crap. Every one of those people is insider trading, the biggest reason for systemic collapse, corruption YaSerge8 BreederDodo scam project❗ $Dodo scam shitcoin❗ BreederDodo scam project ❗ $Dodo scam shitcoin❗ China scam project BreederDodo scam project❗ $Dodo scam shitcoin❗ $DODO $VDODO $ONEDODO $DNA scam shitcoin❗ China scam project SECGov GaryGensler CFTC take action
Source: Cointelegraph - 🏆 562. / 51 Read more »
Forex vs Stocks: Which Should You TradeWhen looking for assets to trade, too often traders don’t give much thought to where they’ll have the best opportunity for profit. Decide whether it is better for you to trade forex or stocks ! Photon Eurusd: Daily analysis Vision 2 General1: Price reversed at 50-61%( as a reversal zone General2: it broke 61% of R2 to R3, So R3 is confirmed to to touch. Photon is available on google play eurusd forex forextrading daytrading fibonacci
Source: Daily_Forex - 🏆 567. / 51 Read more »