; or (B) limit the amount of time spent by the minor on the covered platform. (3) Default safeguard settings for minors A covered platform shall provide that, in the case of a user that the platform knows is a minor, the default setting for any safeguard described under paragraph (1) shall be the option available on the platform that provides the most protective level of control that is offered by the platform over privacy and safety for that user. (b) Parental tools (1) Tools A covered platform shall provide readily-accessible and easy-to-use settings for parents to support an individual that the platform knows is a minor with respect to the individual's use of the platform. (2) Requirements The parental tools provided by a covered platform shall include— (A) the ability to manage a minor’s privacy and account settings, including the safeguards and options established under subsection (a), in a manner that allows parents to— (i) view the privacy and account settings; and (ii) in the case of a user that the platform knows is a child, change and control the privacy and account settings; (B) the ability to restrict purchases and financial transactions by the minor, where applicable; and (C) the ability to view metrics of total time spent on the platform and restrict time spent on the covered platform by the minor. (3) Notice to minors A covered platform shall provide clear and conspicuous notice to an individual that the platform knows is a minor when tools described in this subsection are in effect and what settings or controls have been applied. (4) Default tools A covered platform shall provide that, in the case of a user that the platform knows is a child, the tools described in this subsection shall be enabled by default. (c) Reporting mechanism (1) Reports submitted by parents, minors, and schools A covered platform shall provide— (A) a readily-accessible and easy-to-use means to submit reports to the covered platform of harms to a minor