; and (B) made in a manner that— (i) maintains accuracy; and (ii) reduces the unauthorized disclosure of information. (c) Sale of subject securities (1) Prohibitions Except as provided in paragraph (2), no covered person may sell or transfer, or divest an economic interest in, any subject security with respect to the covered person, if— (A) during the preceding 1-year period, the applicable covered issuer was required to make a disclosure pursuant to the regulations issued under subsection (b); or (B) fewer than 3 years have elapsed since the covered person was granted the subject security. (2) Exceptions The prohibition under paragraph (1) shall not apply with respect to any of the following: (A) Any subject security sold or transferred by a covered person in connection with a change of control with respect to the applicable covered issuer, including an affiliate of that covered issuer. (B) Any subject security sold or transferred by a covered person through— (i) a will; or (ii) the laws of descent or distribution. (C) Any subject security that a covered person owns or beneficially owns, as of the day before the date of enactment of this Act. (D) Any subject security awarded to the applicable covered person that is immediately withheld by the covered issuer and sold solely for the purposes of meeting a tax obligation of the covered person with respect to the receipt of the subject security. (E) Any sale or transfer— (i) which is made on or after the death of the covered person; (ii) which is made on or after the date on which the covered person becomes disabled (within the meaning of section 72(m)(7) of the Internal Revenue Code of 1986); (iii) which is made pursuant to a domestic relations order in settlement of marital property rights; (iv) to the extent the aggregate of such sales and transfers during any taxable year of the covered person does not exceed the qualified higher education expenses (as defined in section 72(t)(7) of such Code) of the covered person for such taxable year