action against the official, including suspension or termination, in accordance with the procedures otherwise applicable to administrative actions against such officials. (b) Prohibition on ownership and trading by all officers and employees An officer or employee of the Department of Defense may not own or trade a publicly traded stock of a company that is a contractor or subcontractor of the Department if the Office of Standards and Compliance of the Office of the General Counsel of the Department of Defense determines that the value of the stock may be directly or indirectly influenced by any official action of the officer or employee for the Department. (c) Inapplicability to mutual funds For purposes of this section, publically-traded stock does not include a widely-held investment fund described in section 102(f)(8) of the Ethics in Government Act of 1978 (5 U.S.C. App.). 1035. Policy regarding the transition of data and applications to the cloud (a) Policy required Not later than 180 days after the date of the enactment of this Act, the Chief Information Officer of the Department of Defense and the Chief Data Officer of the Department shall, in consultation with the J6 of the Joint Staff and the Chief Management Officer, develop and issue enterprise-wide policy and implementing instructions regarding the transition of data and applications to the cloud under the Department cloud strategy in accordance with subsection (b). (b) Design The policy required by subsection (a) shall be designed to dramatically improve support to operational missions and management processes, including by the use of artificial intelligence and machine learning technologies, by— (1) making the data of the Department available to support new types of analyses