New York Fed Disciplines AP/DJ For Embargo Breach


The Federal Reserve Bank of New York has slapped the AP- Dow Jones newswire with a three-week suspension for breaking an embargo on money supply data on July 14. The newswire -- a joint venture of the Associated Press and Dow Jones & Co. -- jumped the gun on the embargoed release of the Fed's data by two minutes, releasing it at 4:28 p.m. instead of 4:30 p.m. The Fed subsequently barred AP-Dow Jones' reporters from attending its weekly press briefings until Aug. 11.

According to Peter Bakstan