Two Fed officials say they will sell stocks to avoid appearance of conflict of interest

  • 9/9/2021
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Sept 9 (Reuters) - Two Federal Reserve officials said on Thursday that they would sell their individual stock holdings by the end of the month to address the appearance of conflicts of interest. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren issued statements saying they would invest the proceeds of those sales in diversified index funds and cash savings and that they would not trade in those accounts as long as they are serving in their roles.

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