Question 3
You are a senior manager, and your spouse has a retirement plan with their
current employer. Within their plan are several restricted securities in EY audit
clients for which you are not a covered person. Is this in compliance with the US
Independence Policy?
Yes, as long as you are not a covered person and the senior manager's
spouse is still employed at the company, it is allowable.
O
Yes, as long as you are not the beneficiary of the plan, it is allowable.
No, they are allowed to hold covered person restricted securities in their
current employer plan but not fully restricted securities.
No, as a senior manager, you cannot hold any restricted securities even
when part of a spouse's employer benefit plan.