The bill creates a new subchapter in Title 5 that restricts certain securities transactions by Members of Congress, their spouses, and dependent children. It generally bars purchases of publicly traded securities (including certain derivatives) by covered individuals during federal service, requires Members to publicly notify intended sales 7–14 days in advance, and allows limited exceptions. Violations trigger civil fees (minimum $2,000 or 10% of transaction value plus net gains) and, for purchases, an order to sell the violating asset; fees cannot be paid from official allowances or campaign contributions. Supervising ethics offices may issue guidance, and the law takes effect 180 days after enactment.