![]() The disclosures also show that Bostic previously filed incomplete information and that he held more than $50,000 in US Treasury funds last year, which exceeds the permissible limit.īostic is the latest in a slew of top officials to come under scrutiny for trading activity outside of the scope of the Fed's strict rules. ![]() Bostic, who has led the Atlanta Fed for five years, made personal trades during blackout periods, when officials are prohibited from making financial transactions. New documents highlighted multiple violations. David Paul Morris/Bloomberg/Getty Imagesįederal Reserve Bank of Atlanta President Raphael Bostic said Friday he had inadvertently broken the central bank's trading rules. Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, at the Jackson Hole economic symposium in Moran, Wyoming, in August.
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