Fed Trading Restrictions Make 'Great Sense': Rodgin Cohen

The video discusses new restrictions on trading for senior Fed members, allowing trades only through exchanges and index funds. These measures aim to enhance transparency and prevent criticism due to insider information. The restrictions are seen as a step towards maintaining the Fed's integrity.

What types of financial activities are restricted for senior Fed members under the new rules?

• Engaging in high-frequency trading

• Purchasing foreign currencies

• Trading in securities, commodities, and cryptocurrencies

• Investing in real estate

Why does the Fed believe these trading restrictions are necessary?

• To align with international trading standards

• To encourage more trading among Fed members

• To prevent conflicts of interest and ensure transparency

• To increase the profitability of the Fed

How can senior Fed members legally trade under the new restrictions?

• By using offshore accounts

• Via exchanges and index funds

• Through private brokers

• Through direct stock purchases

What is the Fed's ultimate goal in implementing these trading restrictions?

• To increase its market share

• To maintain transparency and ethical standards

• To reduce operational costs

• To become a leading financial institution

What is the potential consequence if a Fed member trades successfully under the new rules?

• They will be promoted

• Their trades might be criticized due to perceived insider information

• They will receive a bonus

• Their trades will be ignored