As you’ve probably seen the last days, there has been a headline going around the internet: FED officials are banned from trading stocks, bonds and also cryptocurrencies.
Obviously there were many complaints and many that thought this should have been introduced long time ago.
I personally think it’s a good decision, as they are the ones who have a word in the way the economy is going, so it wouldn’t be fair if they were allowed to trade prior to their own decisions (unfair advantage).
Also, last year there were controversies regarding some positions traded by them right before the COVID measures to help the economy.
What’s your opinion?
Tell me in the comments below.