Dallas Fed's Kaplan To Leave In Wake Of Trading Disclosures

Robert Kaplan will step down as president of the Federal Reserve Bank of Dallas early next month, the Dallas Fed announced Monday. Kaplan, 64, will become the second senior Fed official to resign after ethics questions were raised this month over their trading activity in the financial markets.

Dallas Fed's Kaplan To Leave In Wake Of Trading Disclosures
Robert Kaplan will step down as president of the Federal Reserve Bank of Dallas early next month, the Dallas Fed announced Monday. Kaplan, 64, will become the second senior Fed official to resign after ethics questions were raised this month over their trading activity in the financial markets.