; (ii) any indebtedness or compensated employment relationship; or (iii) any right to purchase or acquire any such ownership, equity, or security interest, including a stock option; and (B) does not include securities held in an index fund. . 204. Authority of Secretary and Administrator (a) In general Section 106(f) of title 49, United States Code, is amended— (1) in paragraph (1)— (A) by striking paragraph (2) and inserting paragraphs (2) and (3) ; (B) by striking Neither and inserting In exercising duties, powers, and authorities that are assigned to the Secretary or the Administrator under this title, neither ; and (C) by striking a committee, board, or organization established by executive order. and inserting the following: a committee, board, council, or organization that is— (A) established by executive order; or (B) not explicitly directed by legislation to review the exercise of such duties, powers, and authorities by the Secretary or the Administrator. ; (2) in paragraph (2)— (A) in subparagraph (A)(ii) by striking the acquisition and all that follows through the semicolon and inserting the acquisition, establishment, improvement, operation, maintenance, security (including cybersecurity), and disposal of property, facilities, services, and equipment of the Administration, including all elements of the air traffic control system owned by the Administration; ; (B) in subparagraph (A)(iii) by striking paragraph (3) and inserting paragraph (4) ; and (C) in subparagraph (B) by inserting civil aviation, any matter for which the Administrator is the final authority under subparagraph (A), any duty carried out by the Administrator pursuant to paragraph (3), or the provisions of this title, or after with respect to ; (3) in paragraph (3)— (A) in subparagraph (A)— (i) by striking In the performance and inserting the following: (i) Issuance of regulations In the performance ; (ii) by striking The Administrator shall act and inserting the following: (ii) Petitions for rulemaking The Administrator shall act