You have become the executor of your brother's will and you inherited several investments in non-restricted entities.
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Question:
You have become the executor of your brother's will and you inherited several investments in non-restricted entities. How might this impact your independence?
Since these are non-restricted entities, there is no impact on your independence
Since these investments are inherited, there is never an impact on independence
Independence is only affected if you don't sell the shares within 14 days
Since you are a covered person, you cannot hold investments in un-restricted entities
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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