News

Ethics

The Year in Review: Michael McTague

Michael McTague | Equities.com |

Looking back, 2021 was another year full of dramatic financial issues with many consequences. We tackled a number of them. Once again, we will take a look at how we did and provide an update.


Federal Reserve Reviewing Ethics Policies in Wake of Prolific Trading Disclosed by Two Senior Officials

AP News | Equities.com |

The Federal Reserve is reviewing the ethics policies that govern the financial holdings and activities of its senior officials in the wake of recent disclosures that two regional Fed presidents engaged in extensive trading last year.

Robert Kaplan, president of the Dallas Federal Reserve Bank, in 2020 traded millions of dollars of stock in companies such as Apple, Amazon, and Google, while Eric Rosengren, president of the Boston Fed, traded in stocks and real estate investment trusts, according to financial disclosure forms.


Google Artificial Intelligence Scientist Samy Bengio Resigns After Colleagues' Firings

Reuters | Equities.com |

Google research manager Samy Bengio on Tuesday said he is resigning, according to an internal email seen by Reuters, in a blow to the Alphabet Inc unit after the firings of his colleagues who questioned paper review and diversity practices.

Though at least two Google engineers had earlier resigned in protest of the dismissal of artificial intelligence (AI) researcher Timnit Gebru, Bengio is the highest-profile yet to depart.


Trump Revokes Executive Order Barring Aides and Administration Officials From Lobbying

Reuters | Equities.com |

WASHINGTON (Reuters) - Outgoing U.S. President Donald Trump, who won the White House in part by promising to “drain the swamp” of Washington political maneuvering, on Wednesday revoked his executive order barring aides and other administration officials from lobbying.

The restrictions, imposed soon after he took office in 2017, had targeted the kind of insider culture the Republican Trump had campaigned against and blocked the kind of lucrative gigs that he had sai...


Google Scientists' Papers Are Subject to 'Sensitive Topics' Review

Reuters | Equities.com |

Alphabet Inc’s Google this year moved to tighten control over its scientists’ papers by launching a “sensitive topics” review, and in at least three cases requested authors refrain from casting its technology in a negative light, according to internal communications and interviews with researchers involved in the work.

Google’s new review procedure asks that researchers consult with legal, policy and public relations teams before pursuing topics such as face and sentiment analysis and categorizations of race, gender or political affiliation, according to internal webpages explaining the policy.


Ethics Groups Call for Barr's Impeachment; Say He Misused Office To Support Trump's Political Goals

Reuters | Equities.com |

Two private groups focused on U.S. government ethics on Monday accused Attorney General William Barr of misusing his office to support President Donald Trump’s political goals and called on the House of Representatives to begin impeachment proceedings against him.

The University of Pennsylvania’s Center for Ethics and the Rule of Law and Washington-based Citizens for Responsibility and Ethics in Washington said Barr could not be trusted to represent the work of his department accurately and that there were problems with the truthfulness of Barr’s public statements.


Lobbyists Connected to Trump Reap Windfall From Coronavirus Pandemic

AP News | Equities.com |

Forty lobbyists with ties to President Donald Trump helped clients secure more than $10 billion in federal coronavirus aid, among them five former administration officials whose work potentially violates Trump’s own ethics policy, according to a report.

The lobbyists identified Monday by the watchdog group Public Citizen either worked in the Trump executive branch, served on his campaign, were part of the committee that raised money for...


James Ledbetter, Tae Yoo, Tim Nixon, Louise Koch, Carlo D’Asaro Biondo, David Dempsey, Simon Henzell-Thomas, and Jean Oelwang Deliver Business Leaders in Ethics Panel at the Vatican | Traders Network Show – Equities News

Matt Bird | Equities.com |

Humanity 2.0 Business Leaders in Ethics Panel was delivered by James Ledbetter, Tae Yoo, Louise Koch, Carlo D'Asaro Biondo, Tim Nixon, Simon Henzell-Thomas, David Dempsey, and Jean Oelwang on the Traders Network Show, an Equities News original show


Brendan Doherty, Aza Raskin, Rick Ridgeway, Greg Medcraft, Lynn Paine, and John Edelman Deliver Ethical Transformations in Business Panel at the Vatican | Traders Network Show – Equities News

Matt Bird | Equities.com |

Humanity 2.0 Ethical Transformation in Business Panel was delivered by Brendan Doherty, Aza Raskin, Rick Ridgeway, Greg Medcraft, John Edelman, and Lynn Paine on the Traders Network Show, an Equities News original show


Fr. Philip Larrey, Fr. Ezra Sullivan, Letty Garcia, and Michael Useem Deliver School of Business Ethics Panel at the Vatican | Traders Network Show – Equities News

Matt Bird | Equities.com |

Humanity 2.0 School of Business Ethics was delivered by Fr. Philip Larrey, Fr. Ezra Sullivan, Letty Garcia and Prof. Michael Useem on the Traders Network Show, an Equities News original show


Sponsored Financial Content

Market Movers