; and (2) any person required to dispose of any property by reason of this section shall be treated as an eligible person. (d) Penalties (1) Disgorgement A senior Federal employee, their spouse, or their dependent child shall disgorge to the general fund of the Treasury any profit from a transaction or holding involving a covered financial instrument that is conducted in violation of this section. (2) Income tax A loss from a transaction or holding involving a covered financial instrument that is conducted in violation of this section may not be deducted from the amount of income tax owed by the applicable senior Federal employee, their spouse, or their dependent child. (3) Fines A senior Federal employee who holds or conducts a transaction involving a covered financial instrument in violation of this section may be subject to a civil fine assessed by the supervising ethics office under section 13153. 13153. Certification of compliance (a) In general Not less frequently than annually, each senior Federal employee shall submit to the supervising ethics office a written certification that the employee, their spouse, or their dependent child has achieved compliance with the requirements of this title. (b) Publication The supervising ethics office shall publish each certification submitted under subsection (a) on a publicly available website. 13154. Authority of supervising ethics office (a) In general The supervising ethics office may implement and enforce the requirements of this subchapter, including by— (1) issuing— (A) for applicable senior Federal employees— (i) rules governing that implementation; and (ii) 1 or more reasonable extensions to achieve compliance with this subchapter, if the supervising ethics office determines that an employee is making a good faith effort to divest any covered financial instruments; and (B) guidance relating to covered financial instruments; (2) publishing on the internet certifications submitted by senior Federal employees under section 13153(a)