; security The terms exchange and security have the meanings given those terms in section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) ). (b) Prohibitions (1) Listing on exchange Beginning on the date that is 1 year after the date of enactment of this Act, the Commission shall prohibit a covered entity from offering to sell or selling on an exchange (or through any other method that is within the jurisdiction of the Commission to regulate, including through the method of trading that is commonly referred to as the over-the-counter trading of securities) securities issued by the covered entity, including pursuant to an exemption to section 5 of the Securities Act of 1933 ( 15 U.S.C. 77e ). (2) Investments; limitation on actions (A) In general The Investment Company Act of 1940 ( 15 U.S.C. 80a–1 et seq. ) is amended— (i) in section 12(d) ( 15 U.S.C. 80a–12(d) ), by adding at the end the following: (4) (A) It shall be unlawful for any investment company, or any person that would be an investment company but for the application of paragraph (1) or (7) of section 3(c), to invest in a covered entity. (B) In this paragraph, the term covered entity has the meaning given the term in section 2(a) of the American Financial Markets Integrity and Security Act . ; and (ii) in section 13(c)(1) ( 15 U.S.C. 80a–13(c)(1) )— (I) in subparagraph (A), by striking or at the end; (II) in subparagraph (B), by striking the period at the end and inserting or