Dismantling Investments in Violation of Ethical Standards through Trusts Act

This bill stops senior federal employees and their spouses and children from buying, selling, or owning most stocks, bonds, and similar investments while the employee works for the government. Senior federal employees are people in high-level government positions. The rule doesn't apply to investments in blind trusts, small amounts below certain limits, broad mutual funds, Treasury bonds, or a spouse or child's job pay. People affected by this law get 180 days to sell banned investments, and if they break the rules, they must give any profits to the government and may pay fines.

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