; or (ii) place the covered investment in a qualified blind trust, including by establishing a qualified blind trust for that purpose, if necessary; or (B) neither the Member of Congress nor any spouse or dependent child of the Member of Congress owns a covered investment. (2) Divestiture or placement in qualified blind trust (A) Requirement Subject to paragraph (3), not later than 120 days after the date of enactment of the Ban Congressional Stock Trading Act , each current Member of Congress shall divest, or place in a qualified blind trust (including by establishing a qualified blind trust for that purpose, if necessary), each covered investment owned by the Member of Congress or a spouse or dependent child of the Member of Congress. (B) Divestiture A current Member of Congress shall divest a covered investment held by the Member of Congress or a spouse or dependent child of the Member of Congress if— (i) the Member of Congress, or the applicable spouse or dependent child of the Member of Congress, is unable to place the covered investment in a qualified blind trust by the date described in subparagraph (A); and (ii) the Member of Congress fails to obtain an extension pursuant to paragraph (3). (3) Extensions If a current Member of Congress, or a spouse or dependent child of the Member of Congress, is unable to place a covered investment in a qualified blind trust by the date described in paragraph (2)(A), the Member of Congress may request, and the supervising ethics office may grant, 1 or more reasonable extensions, subject to the conditions that— (A) the total period of time covered by all extensions granted to the Member of Congress for the covered investment shall not exceed 180 days