The Dismantling Investments in Violation of Ethical Standards through Trusts Act prohibits senior federal employees, their spouses, and dependent.
The Dismantling Investments in Violation of Ethical Standards through Trusts Act prohibits senior federal employees, their spouses, and dependent children from holding, purchasing, or selling certain financial instruments. Exceptions include sales completed within 180 days of enactment or employment, investments in qualified blind trusts, and certain exemptions. Violations may result in fines, disgorgement of profits, and disallowance of tax deductions. The Office of Government Ethics is responsible for enforcement, including publishing fines and certifications.
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