; and (ii) a plan for a phase-out of the goods or services provided by the covered entity. (4) Investments by insurance companies (A) In general On and after the date of enactment of this Act, an insurance company may not invest in a covered entity. (B) Certification of compliance (i) In general Each insurance company shall, on an annual basis, submit to the Secretary of the Treasury a certification of compliance with subparagraph (A). (ii) Responsibilities of the Secretary The Secretary of the Treasury shall create a form for the submission required under clause (i) in such a manner that minimizes the reporting burden on an insurance company making the submission. (C) Sharing information The Secretary of the Treasury, acting through the Federal Insurance Office, shall share the information received under subparagraph (B) and coordinate verification of compliance with State insurance offices. (c) Qualified trusts, etc (1) In general Subsection (a) of section 401 of the Internal Revenue Code of 1986 is amended by inserting after paragraph (39) the following new paragraph: (40) Prohibited investments A trust which is part of a plan shall not be treated as a qualified trust under this subsection unless the plan provides that no part of the plan's assets will be invested in any covered entity (as defined in section 12(d)(4)(B) of the Investment Company Act of 1940). . (2) I RA s Paragraph (3) of section 408(a) of such Code is amended by striking contracts and inserting contracts or in any covered entity (as defined in section 12(d)(6)(B) of the Investment Company Act of 1940) . (3) Fiduciary duty Section 404 of the Employee Retirement Income Security Act of 1974 ( 29 U.S.C. 1104 ) is amended by adding at the end the following new subsection: (f) Prohibited investments No fiduciary shall cause any assets of a plan to be invested in any covered entity (as defined in section 12(d)(4)(B) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–12(d)(4)(B) )). . (4) Effective date (A) In general Except as provided in