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.