Sara Johnson, CFA, overhears one of her co‐workers advising his clients about a new investment recommendation that their firm is about to release. Which of the following actions least likely violates the CFA Institute Standards of Professional Conduct?

Sara’s coworker is in violation of Standard III (B): Fair Dealing, because he has informed his clients about the recommendation before any of the firm’s other clients have had a chance to act on it.
• This violation should be brought to the attention of management so that appropriate action may be taken.