; and (III) may not be granted if the individual received a waiver under section 102(a)(1)(C) of the Anti-Corruption and Public Integrity Act . (iv) The Director of Public Integrity may deny a waiver under this subparagraph for any reason. . (b) Legislative branch (1) Divestment Except as provided in paragraph (5), no senior government official in the legislative branch (including Members of Congress) may own or trade any individual stock, bonds, commodity, future, and other form of security, including an interest in a hedge fund, a derivative, option, or other complex investment vehicle. (2) Committee staff rule No officer or employee of a committee of either House of Congress may maintain, own, or trade any substantial holdings (including individual stocks and securities) which may be directly affected by the actions of the committee for which the individual works, unless the Select Committee on Ethics of the Senate or the Committee on Ethics of the House of Representatives, as applicable, approves of such holdings in writing after consultation with the supervisor of the officer or employee and the Office of Congressional Ethics. (3) General conflicts of interest rule for congressional staff and members No Member, officer, or employee of a committee or Member of either House of Congress may knowingly use his or her official position to introduce or aid the progress or passage of legislation, a principal purpose of which is to further only his or her pecuniary interest, only the pecuniary interest of his or her immediate family, or only the pecuniary interest of a limited class of persons or enterprises, when he or she, or his or her immediate family, or enterprises controlled by them, are members of the affected class. (4) General stock and securities rule An officer or employee of a committee or Member of either House of Congress, who is not a senior government employee covered by paragraph (1), shall be in violation of paragraph (3) if— (A) the officer or employee owns or trades individual stocks or