Exhibit 803 ยท Press release
Federal Reserve Board announces a broad set of new rules on investment and trading by Federal Reserve policymakers and senior staff
a broad set of new rules that will prohibit the purchase of individual securities, restrict active trading, and increase the timeliness of reporting and public disclosure by Federal Reserve policymakers and senior staff
New rules bar purchases of individual securities, require 45 days' advance notice, prior approval and a one-year holding period, bar trading during periods of heightened market stress, and require Reserve Bank presidents to disclose transactions within 30 days. The FOMC adopted its policy in February 2022; the rules took effect 1 May 2022 and preclearance began 1 July 2022 (per OIG reports).
- Source
- Board of Governors of the Federal Reserve System
- Date
- 21 October 2021
- Quoted from
- First paragraph
- Grade
- Primary record
- Document
- https://www.federalreserve.gov/newsevents/pressreleases/other20211021b.htm
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit