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1   Patrick   ignore (1)   2021 Nov 11, 10:38pm     ↓ dislike (0)   quote   flag        

By Pam Martens and Russ Martens: November 11, 2021 ~

Robert Kaplan, President of the Dallas Fed
Robert Kaplan, Former President of the Dallas Fed

Former Dallas Fed President Robert Kaplan made “over $1 million” trades in and out of S&P 500 futures throughout his tenure at the Dallas Fed, which began in September 2015 and ended with his resignation on September 27 of this year over his scandalous trading.

Trading in S&P 500 futures is a market-timing device used by hedge funds and day traders. No individual with market-moving information at the Federal Reserve should ever use such a device.

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