; (ii) a diversified exchange-traded fund; (iii) a United States Treasury bill, note, or bond; or (iv) compensation from the primary occupation of a spouse or dependent child of a senior Federal employee. (2) Qualified blind trust The term qualified blind trust has the meaning given the term in section 13104. (3) Senior Federal employee The term senior Federal employee means any individual occupying a Senior Executive Service position (as that term is defined in section 3132). (4) Supervising ethics office The term supervising ethics office has the meaning given the term in section 13101. 13152. Prohibition on certain transactions and holdings involving covered financial instruments (a) Prohibition Except as provided in subsection (b), a senior Federal employee, their spouse, or their dependent children may not, during the term of service of the employee, hold, purchase, or sell any covered financial instrument. (b) Exceptions The prohibition under subsection (a) does not apply to— (1) a sale by a senior Federal employee, their spouse, or their dependent child that is completed by the date that is— (A) for an employee serving on the date of enactment of this title, 180 days after that date of enactment; and (B) for any employee who commences service as an employee after the date of enactment of this title, 180 days after the first date of the initial term of service; (2) a covered financial instrument held in a qualified blind trust operated on behalf of, or for the benefit of, a senior Federal employee, their spouse, or their dependent child; or (3) a covered financial instrument exempted from coverage under section 208 of title 18 pursuant to section 2640.202 of title 5, Code of Federal Regulations (or any successor regulation). (c) Application of certificate of divestiture program For purposes of section 1043 of the Internal Revenue Code of 1986— (1) this section shall be treated as a Federal conflict of interest statute