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Sector Mutual and Exchange Traded Funds

U.S. Office of Government Ethics

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Reporting cited here

  1. reported

    Five senators wrote that, if the reported purchase attempt was accurate, it could violate Hegseth's ethics agreement; they cited 10 U.S.C. § 988 restrictions on covered Defense officials' holdings in top contractors and Office of Government Ethics guidance that a single-industry sector fund can create criminal-conflict exposure under 18 U.S.C. § 208.

    Sector-fund conflict guidance under 18 U.S.C. § 208

    Hegseth's broker was reported to have sought a defense-sector ETF purchase before the Iran war · Pentagon denied the report March 30; senators requested records April 1