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Former Fed Governor Kugler violated financial trading rules, filings show

Former Federal Reserve Governor Adriana Kugler is said to have engaged in several financial transactions that violated the central bank’s ethics rules, multiple outlets have reported.

That’s according to filings made public by the Office of Government Ethics on Nov. 15. They revealed that Kugler filed the disclosures in September. The forms show that Federal Reserve ethics officials would not certify that Kugler followed the central bank’s ethics rules and referred her disclosures to the Fed’s inspector general.

A Fed official told Reuters that before resigning, Kugler asked Fed Chair Jerome Powell for a waiver to fix the disclosure details ⇒

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