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Question:

Laura Jameson, CFA, is a portfolio manager at ALT Investments. Her firm is allocated a very significant number of shares in the IPO of Hotstock Ltd., a company that Jameson is very bullish on. Excited by the prospect of earning an excellent return for her clients, Jameson allocates the shares evenly across all accounts under management including those of her relatives. Jameson most likely:

A Violated Standard III (C): Suitability.
Explaination

Jameson violated Standard III (C) because she did not evaluate the suitability of the investment for each account under her management. Each investor has unique return objectives and risk tolerance levels.