{ "data": { "instructionText": "

For each investing situation, identify the appropriate action step.

Select the circle corresponding to Action Option 1 or Action Option 2. You must answer all questions to proceed to the next screen.

", "downloadAndroidImages": "activity_icon.png,kc_assets_2.png", "downloadIpadImages": "activity_icon.png,kc_assets_2.png", "downloadImages": "activity_icon.png,kc_assets_2.png", "pageAssets": { "mcssInt": { "questionText": "", "instText": "", "finalText": "

", "options": [{ "id": "1", "optImage": "", "optImage1": "", "optText": "Last month your dependent opened a Robinhood account while away at school. The account does not hold any investments yet.", "radio_text0": "You must enroll and activate the Robinhood account for KICS Broker Import within 14 days of learning of the account.", "radio_text1": "Your dependent must close the account as this broker does not participate in KICS Broker Import. You must then report the violation to Risk Management – Independence through the Independence Inquiry Submission Form on the Independence portal.", "correctAns": "2", "correct": "

That’s correct. You and your immediate family members are not permitted to open brokerage accounts through investing apps that are not participating brokers in the firm’s KICS Broker Import Program (for example, Robinhood, Acorns and Stash). If any of these accounts are held, they must be closed immediately and you will need to report the violation to Risk Management - Independence through the Independence Inquiry Submission Form on the Independence portal.

Have regular discussions with your immediate family members to ensure you all remain in compliance with the independence rules.

", "incorrect": "

That’s incorrect. You and your immediate family members are not permitted to open brokerage accounts through investing apps that are not participating brokers in the firm’s KICS Broker Import Program (for example, Robinhood, Acorns and Stash). If any of these accounts are held, they must be closed immediately and you will need to report the violation to Risk Management - Independence through the Independence Inquiry Submission Form on the Independence portal.

Have regular discussions with your immediate family members to ensure you all remain in compliance with the independence rules.

" }, { "id": "2", "optImage": "", "optImage1": "", "optText": "You used a mobile app to open a new brokerage account with a participating broker and enrolled the new account in KICS Broker Import within 14 days.", "radio_text0": "To complete the process, you must also submit the Client Authorization Form to activate the account for KICS Broker Import.", "radio_text1": "Since newly enrolled accounts are automatically activated for KICS Broker Import, no further action is necessary.", "correctAns": "1", "correct": "That’s correct. New brokerage accounts are not automatically enrolled and activated for KICS Broker Import. You must manually do this for each new account within 14 days of opening the account. This two-step process includes adding the account number into KICS and submitting a Client Authorization Form with all account holder signatures to Risk Management – Independence through the Independence Inquiry Submission Form on the Independence portal.", "incorrect": "That’s incorrect. New brokerage accounts are not automatically enrolled and activated for KICS Broker Import. You must manually do this for each new account within 14 days of opening the account. This two-step process includes adding the account number into KICS and submitting a Client Authorization Form with all account holder signatures to Risk Management – Independence through the Independence Inquiry Submission Form on the Independence portal." }, { "id": "3", "optImage": "", "optImage1": "", "optText": "You opened a new Robinhood account to trade only in unrestricted investments. You manually track the investments in KICS in a timely manner.", "radio_text0": "The account should be enrolled and activated for KICS Broker Import so that you will not need to manually report the investments in your KICS account. You should continue to invest in only unrestricted entities.", "radio_text1": "Even though you are investing in unrestricted entities only and tracking these investments in KICS, you must close the account as this broker does not participate in KICS Broker Import. You must then report the violation to Risk Management - Independence through the Independence Inquiry Submission Form on the Independence portal.", "correctAns": "2", "correct": "That’s correct. You and your immediate family members are not permitted to have brokerage accounts through investing apps that are not participating brokers in the firm’s KICS Broker Import Program (for example, Robinhood, Acorns and Stash). Even if the investments acquired through these accounts are permitted, the account itself is not. If any of these accounts are held, they must be closed immediately and you will need to report the violation to Risk Management - Independence through the Independence Inquiry Submission Form on the Independence portal.", "incorrect": "That’s incorrect. You and your immediate family members are not permitted to have brokerage accounts through investing apps that are not participating brokers in the firm’s KICS Broker Import Program (for example, Robinhood, Acorns and Stash). Even if the investments acquired through these accounts are permitted, the account itself is not. If any of these accounts are held, they must be closed immediately and you will need to report the violation to Risk Management - Independence through the Independence Inquiry Submission Form on the Independence portal." } ], "correctFB": "", "incorrectFB": "", "table_heading":"Investing Situation", "choices": [ "Action Option 1", "Action Option 2" ] } } } }