Dismantling Investments in Violation of Ethical Standards through Trusts Act

This bill prohibits senior federal employees (those in Senior Executive Service roles), their spouses, and dependent children from holding most stocks, bonds, or derivatives during their federal service. It exempts diversified mutual funds, Treasury securities, and investments held in qualified blind trusts. Employees must annually certify compliance with these rules to their ethics office, and violations can result in fines (up to 10% of the investment's value) or requiring profit disgorgement. The law applies 12 months after enactment, with a 180-day divestiture period for existing holdings.