ATLANTIC CAPITAL MANAGEMENT HAS ACCESS TO A LIMITED NUMBER OF SHARE...

9. Atlantic Capital Management has access to a limited number of shares in a popular new issue

expected to be oversubscribed. Atlantic's portfolio managers have determined the issue to be a

prudent addition to Atlantic's developing growth equity strategy. A number of the firm's investment

professionals have family-member accounts that are managed to the developing growth strategy.

Which of the following allocation options most likely adheres to the Code and Standards? Atlantic

should allocate the shares:

A. on a prorated basis across all developing growth accounts, including the family-member

accounts.

B. on a prorated basis across all developing growth accounts, excluding the family-member

C. to family-member accounts only after non-family accounts have been allocated their shares.