Question: |
Is it legal for Federal Reserve Board of Governors employees to own stock or to trade in the market? |
Category: |
Politics > Government |
Keywords: |
own, trade, stock, Federal Reserve, Board, Governors, employee |
Type: |
other |
Rating: (0 ratings) Views: 84 Discussions: 0 In Watch Lists: 1 |
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Answer: |
Yes, generally. Federal Reserve Board of Governors employees, and their spouses and minor children, are allowed to own or trade stock, except the stock of depository institutions or affiliates of such institutions. Also, employees who have ongoing access to the most sensitive Federal Open Market Committee information, and their spouses and minor children, may not own stock in primary government securities dealers or their affiliates, and they are restricted as to when they may buy and sell securities.
Source: Federal Reserve Board
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