Core Points - Former Federal Reserve Governor Kugar has been reported for multiple stock trading violations, including trades in Apple, Southwest Airlines, and Caterpillar stocks [1][2] - Kugar resigned unexpectedly in August without providing any explanation, and this recent violation follows a previous admission of four violations a year ago [1][2] - The Federal Reserve prohibits senior officials and their spouses from trading individual stocks, especially during a "quiet period" of 10 days before a monetary policy meeting [1][2]

Core Viewpoint - Former Federal Reserve Governor Kugar's stock trading violations have been revealed, raising concerns about compliance with Federal Reserve regulations [1] Summary by Relevant Categories Violations and Regulations - Kugar reported multiple stock trades in her annual financial disclosure, violating Federal Reserve rules that prohibit senior officials and their spouses from trading individual stocks [1] - The trades involved companies such as Apple, Southwest Airlines, and Caterpillar, with two transactions occurring just days before a Federal Open Market Committee meeting [1] - This incident follows Kugar's previous admission of four violations a year ago, which she attributed to "accidental" trades executed by her husband without her knowledge [1] Timeline and Context - Kugar unexpectedly resigned in August without providing an explanation [1] - Federal Reserve regulations impose a "quiet period" of 10 days before interest rate meetings during which trading is prohibited [1]