Atlanta Fed's Bostic is best known for what may have been one of the biggest trading scandals in recent Fed history: Trades on Bostic's behalf took place during prohibited "blackout" periods around Federal Open Market Committee meetings 154 times between March 2018 and March 2023, investigators found. He also filed inaccurate disclosure forms, held more Treasury securities than allowed and twice executed trades that were different than those that he sought central bank clearance for. In the end, however, the OIG absolved him.(zerohedge)