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Stock impact report

Former Fed official Adriana Kugler's stock trades trigger ethics referral to inspector general [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
The Office of Government Ethics declined to certify the filing and has referred it for further review. A newly public financial disclosure filing has put a spotlight on the stock trades of one of the Federal Reserve's recently departed governors. Adriana Kugler — who stepped down from her post as the Fed's governor in August after being appointed in 2023 — filed a financial disclosure form that ethics officials declined to certify and referred to the central bank's inspector general's office for review. The report, which Kugler filed with the US Office of Government Ethics in September, lists trades that she or her spouse repeatedly made in individual company stocks — including Apple, Cava Group, Southwest Airlines, and Caterpillar — that are restricted under ethics rules announced by the Fed in 2021, following trading controversies involving senior policymakers. These types of ethics reports are a standard requirement for senior officials and are normally certified by agency Show less Read more
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