,,ii #aai? ,,congress #a/ ,session ,s4 #afbj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #f1 #bjbe ,mr4 ,murphy introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ,a ,,bill ,to am5d *apt] #aca ( title #e1 ,unit$ ,/ates ,code1 ) respect to prohibit$ f9ancial transactions1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,mod]n ,emolum5ts & ,malfeasance ,en=cem5t ,act or ! ,,meme ,act4 #b4 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 f$]ally elect$ (ficials mu/ n utilize ^? positions1 grant$ by ! tru/ ( ! public1 = private f9ancial ga92 7#b7 ! issuance1 sponsor%ip1 or promotion ( f9ancial in/rum5ts by public (fice hold]s deprives ! public ( ! hone/ s]vices ( ! public (fice hold]s1 facilitates brib]y by inve/ors or pur*as]s1 & results 9 public exploitation & corrupt =eign influ5ce2 & 7#c7 ,memb]s ( ,congress & ! executive bran* mu/ n seek to use public (fice to b5efit f9ancially1 b r ^? positions %\ld be held 9 tru/ = ! b5efit ( ! public 9 ! ,unit$ ,/ates4 #c4 ,prohibit$ f9ancial transactions 7a7 ,f9ancial exploitation by public (fice hold]s 7#a7 ,9 g5]al ,*apt] #aca ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 ,,iv ,f9ancial exploitation by public (fice hold]s #acaea4 ,def9itions ,9 ?is sub*apt]3 7#a7 ,adjac5t individual ,! t]m adjac5t individual means-- 7,a7 ea* (fic] or employee 9 ! executive bran* hold+ a ,s5ior ,executive ,s]vice position 7z def9$ 9 section #cacb7;a77#b772 7,b7 ea* memb] ( a uni=m$ s]vice ^: pay grade is at or 9 excess ( ,o-#g "u section #bja ( title #cg2 7,c7 ea* (fic] or employee 9 any o!r position 9 ! executive bran* det]m9$ by ! ,(fice ( ! ,special ,c\nsel1 9 consultation ) ! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics1 to be ( equal classification to a position describ$ 9 subp>agraph 7,a7 or 7,b72 or 7,d7 ! sp\se or dep5d5t *ild ( any individual describ$ 9 subp>agraph 7,a71 7,b71 or 7,c74 7#b7 ,cov]$ asset ,! t]m cov]$ asset means-- 7,a7 a security 7z def9$ 9 section #c7;a7 ( ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 7,b7 a security future 7z def9$ 9 section #c7;a7 ( ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 7,c7 a commodity 7z def9$ 9 section #a;a ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a772 7,d7 a digital asset t c be sold = remun]ation1 includ+ a cryptocurr5cy1 a meme co91 a tok51 or a non-fungible tok52 or 7,e7 any d]ivative1 option1 w>rant1 mutual fund1 or ex*ange-trad$ fund ( an asset describ$ 9 subp>agraphs 7,a7 ?r\gh 7,d74 7#c7 ,cov]$ individual ,! t]m cov]$ individual means-- 7,a7 ! ,presid5t2 7,b7 ! ,vice ,presid5t2 7,c7 a public (ficial 7z def9$ 9 section #bja7;a7 ( title #ah72 or 7,d7 ! sp\se or dep5d5t *ild ( any individual describ$ 9 subp>agraph 7,a71 7,b71 or 7,c74 7#d7 ,dep5d5t *ild ,! t]m dep5d5t *ild has ! mean+ giv5 ! t]m 9 section #acaja4 7#e7 ,prohibit$ f9ancial transaction ,! t]m prohibit$ f9ancial transaction means ! issuance1 sponsor%ip1 or promotion ( a cov]$ asset = pecuni>y ga94 #acaeb4 ,prohibition on c]ta9 transactions 7a7 ,prohibition ,except z provid$ 9 subsection 7b71 a cov]$ individual or an adjac5t individual may n engage 9 or b5efit f a prohibit$ f9ancial transaction-- 7#a7 dur+ ! t]m ( s]vice ( ! cov]$ individual or adjac5t individual2 7#b7 dur+ ! #ahj-;day p]iod end+ on ! date on :i* ! s]vice ( ! cov]$ individual or adjac5t individual comm5ces2 or 7#c7 dur+ ! #ahj-;day p]iod beg9n+ on ! date on :i* ! s]vice ( ! cov]$ individual or adjac5t individual is t]m9at$4 7b7 ,adjac5t individuals ,) respect to adjac5t individuals1 no?+ 9 ?is section %all be con/ru$ to limit ! application ( section #bjh ( title #ah4 7c7 ,liability & immunity ,= purposes ( any immunities to civil liability1 any conduct compris+ or relat+ to a prohibit$ f9ancial transaction "u ?is section %all be deem$ an un(ficial act & beyond ! scope ( ! (ficial duties ( ! relevant cov]$ individual or adjac5t individual4 #acaec4 ,civil p5alties 7a7 ,civil action ,! ,attorney ,g5]al may br+ a civil action 9 any appropriate di/rict c\rt ( ! ,unit$ ,/ates aga9/ any cov]$ individual or adjac5t individual :o violates section #acaeb7;a74 7b7 ,civil p5alty ,any cov]$ individual or adjac5t individual :o kn[+ly violates section #acaeb7;a7 %all be subject to a civil monet>y p5alty ( n m ?an #bej1jjj4 7c7 ,disgorgem5t ,a cov]$ individual or an adjac5t individual :o is f\nd to h violat$ section #acaeb7;a7 9 a civil action "u subsection 7a7 ( ?is section %all disgorge to ! ,treasury ( ! ,unit$ ,/ates any pr(it f ! unlawful activity t is ! subject ( t civil action4 4 7#b7 ,cl]ical am5dm5t ,! table ( sections = *apt] #aca ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 ,,sub*apt] ,,iv--,f9ancial exploitation by public (fice hold]s #acaea4 ,def9itions4 #acaeb4 ,prohibition on c]ta9 transactions4 #acaec4 ,civil p5alties4 4 7b7 ,crim9al p5alties 7#a7 ,prohibit$ f9ancial transactions ,*apt] #aa ( title #ah1 ,unit$ ,/ates is am5d$ by ins]t+ aft] section #bbj ! foll[+3 #bba4 ,prohibit$ f9ancial transactions 7a7 ,def9itions ,9 ?is section3 7#a7 ,adjac5t individual ,! t]m adjac5t individual means-- 7,a7 ea* (fic] or employee 9 ! executive bran* hold+ a ,s5ior ,executive ,s]vice position 7z def9$ 9 section #cacb7;a77#b7 ( title #e72 7,b7 ea* memb] ( a uni=m$ s]vice ^: pay grade is at or 9 excess ( ,o-#g "u section #bja ( title #cg2 7,c7 ea* (fic] or employee 9 any o!r position 9 ! executive bran* det]m9$ by ! ,(fice ( ! ,special ,c\nsel1 9 consultation ) ! ,director ( ! ,(fice ( ,gov]nm5t ,e?ics1 to be ( equal classification to a position describ$ 9 subp>agraph 7,a7 or 7,b72 or 7,d7 ! sp\se or dep5d5t *ild ( any individual describ$ 9 subp>agraph 7,a71 7,b71 or 7,c74 7#b7 ,cov]$ asset ,! t]m cov]$ asset means-- 7,a7 a security 7z def9$ 9 section #c7;a7 ( ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 7,b7 a security future 7z def9$ 9 section #c7;a7 ( ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 7,c7 a commodity 7z def9$ 9 section #a;a ( ! ,commodity ,ex*ange ,act 7#g ,u4,s4,c4 #a;a772 7,d7 a digital asset t c be sold = remun]ation1 includ+ a cryptocurr5cy1 a meme co91 a tok51 or a non-fungible tok52 or 7,e7 any d]ivative1 option1 w>rant1 mutual fund1 or ex*ange-trad$ fund ( an asset describ$ 9 subp>agraphs 7,a7 ?r\gh 7,d74 7#c7 ,cov]$ individual ,! t]m cov]$ individual means-- 7,a7 ! ,presid5t2 7,b7 ! ,vice ,presid5t2 7,c7 a public (ficial 7z def9$ 9 section #bja7;a772 or 7,d7 ! sp\se or dep5d5t *ild ( any individual describ$ 9 subp>agraph 7,a71 7,b71 or 7,c74 7#d7 ,dep5d5t *ild ,! t]m dep5d5t *ild has ! mean+ giv5 ! t]m 9 section #acaja ( title #e4 7#e7 ,prohibit$ f9ancial transaction ,! t]m prohibit$ f9ancial transaction means ! issuance1 sponsor%ip1 or promotion ( a cov]$ asset = pecuni>y ga94 7b7 ,b5efit f prohibit$ f9ancial transaction ,any cov]$ individual or adjac5t individual :o-- 7#a7 kn[+ly violates any provision ( section #acaeb7;a7 ( title #e2 & 7#b7 ?r\gh su* violation-- 7,a7 causes an aggregate loss ( n less ?an #a1jjj1jjj to #a or m p]sons 9 ! ,unit$ ,/ates2 or 7,b7 b5efits f9ancially1 ?r\gh pr(it1 ga91 or advantage1 directly or indirectly ?r\gh any family memb] or bus9ess associate ( ! cov]$ individual or adjac5t individual1 f ! sale1 pur*ase1 or di/ribution ( ! cov]$ asset issu$ 9 violation ( section #acaeb7;a7 ( title #e1 %all be f9$ "u ?is title or imprison$ = n m ?an #e ye>s1 or bo?4 7c7 ,brib]y ,any cov]$ individual or adjac5t individual :o-- 7#a7 kn[+ly violates any provision ( section #acaeb7;a7 ( title #e2 & 7#b7 directly or indirectly1 corruptly dem&s1 seeks1 receives1 accepts1 or agrees to receive or accept any ?+ ( value p]sonally or = any o!r p]son or entity1 9 return =-- 7,a7 be+ influ5c$ 9 ! p]=mance ( any (ficial act2 7,b7 be+ influ5c$ to commit or aid 9 committ+1 or to collude 91 or all[1 any fraud1 or make opportunity = ! commission ( any fraud1 on ! ,unit$ ,/ates2 or 7,c7 be+ induc$ to d or omit to d any act 9 violation ( ! (ficial duty ( su* (ficial or p]son1 %all be f9$ "u ?is title or n m ?an #c times ! am\nt ( f9ancial ga91 if any1 t ! individual b5efitt$ f relat+ to ! prohibit$ conduct1 :i*ev] is great]1 or imprison$ = n m ?an #ae ye>s1 or bo?1 & may be disqualifi$ f hold+ any (fice ( honor1 tru/1 or pr(it "u ! ,unit$ ,/ates4 7d7 ,insid] trad+ ,any cov]$ individual or adjac5t individual :o kn[+ly violates section #acaeb7;a7 ( title #e &1 9 committ+ su* violation1 kn[+ly violates section #aj7;b7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;j7b771 %all be f9$ "u ?is title or n m ?an #c times ! am\nt ( f9ancial ga91 if any1 t ! individual b5efitt$ f relat+ to ! prohibit$ conduct1 :i*ev] is great]1 or imprison$ = n m ?an #ae ye>s1 or bo?1 & may be disqualifi$ f hold+ any (fice ( honor1 tru/1 or pr(it "u ! ,unit$ ,/ates4 7e7 ,liability & immunity ,= purposes ( any immunities to civil & crim9al liability1 any conduct compris+ or relat+ to a prohibit$ f9ancial transaction "u ?is section %all be deem$ an un(ficial act & beyond ! scope ( ! (ficial duties ( ! relevant cov]$ individual or adjac5t individual4 4 7#b7 ,cl]ical am5dm5t ,! table ( sections = *apt] #aa ( title #ah1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] ! item relat+ to section #bbj ! foll[+3 #bba4 ,prohibit$ f9ancial transactions4 4