; and (B) includes the Executive Office of the President and all components thereof, including the White House Office and the Office of the Vice President. (2) Prohibition (A) In general No officer or employee of an Executive agency may own an interest in or trade (except a trade that is a divestment required or approved by the Director of the Office of Public Integrity or the designated agency ethics official of the Executive agency that employs the individual for compliance with this section) any individual stock, bond, commodity, future, or other form of security, including an interest in a hedge fund, a derivative, option, or other complex investment vehicle if the Director of the Office of Public Integrity (or the designated agency ethics official of the Executive agency that employs the individual) determines that the financial interests of the officer or employee may be directly influenced by an action of the Executive agency. (B) Exception Subparagraph (A) shall not apply to— (i) a widely held investment fund described in section 102(f)(8) of the Ethics in Government Act of 1978 ( 5 App. U.S.C. 102(f)(8) ), if such investment meets the requirements described in section 105(b)(2) of the Anti-Corruption and Public Integrity Act ; (ii) shares of Settlement Common Stock issued under section 7(g)(1)(A) of the Alaska Native Claims Settlement Act ( 43 U.S.C. 1606(g)(1)(A) ); or (iii) shares of Settlement Common Stock, as defined in section 3 of the Alaska Native Claims Settlement Act ( 43 U.S.C. 1602 ). (C) Penalty Whoever violates subparagraph (A) shall be subject to the penalties set forth in section 216 of this title. (D) Waiver The Director of the Office of Public Integrity may waive subparagraph (A) for an officer or employee of an Executive agency on a case-by-case basis if the Director— (i) determines that there is no possibility for, or the appearance of, a conflict of interest