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This bill prohibits Members of Congress and their spouses and dependent children from owning or trading stocks, commodities, futures, and other covered investments while in federal service. Covered individuals must divest existing holdings within 180 days of enactment (or 90 days if they become a Member after enactment) at fair market value, with certain exceptions for diversified investment funds, government bonds, real estate, and small business interests. Violations result in a 10% fee on the investment value plus disgorgement of profits, which are paid to the Treasury and publicly disclosed.
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