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0.000149543891131911 -0.000822491401226362 -0.000523403618962114 -0.0011215791834904 0.000635561537311048 0.00126439359952136 0.00231793031254675 -0.00134589502018848
Stock impact report

Fed governor divesting stock bought by spouse in violation of trading rules [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
afoul of new ethics rules governing how officials and their families can trade and invest after her spouse bought stock in Apple and another company without her knowledge this summer. In a government filing dated Oct. 24, Kugler reported the planned divestiture of Apple and Cava Group shares purchased by her spouse. Fed ethics rules sharply limit how the central bank's officials and senior staff can invest their personal funds and require trading to be pre-cleared by central bank ethics officials. Those rules also cover spouses and minor children of top Fed staff. The purchases "were carried out by my spouse, without my knowledge, and I affirm that my spouse did not intend to violate any rules," Kugler said in the financial disclosure form. "Upon learning about the purchases, I immediately notified ethics officials, and at their direction, I initiated divestiture of these assets as soon as possible under (Federal Open Market Committee) ethics policies." The four sets of stock pu Show less Read more
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