单选题

Daniel, CFA, is a portfolio manager with the trust department of Citi Nation Bank. One of his accounts is his children's trust fund. Daniel allocated IPO shares to his children's trust fund before he has completely satisfied all the needs of his other accounts. According to AIMR Standards of Professional Conduct, which of the following standards did Daniel violate?（）

A、 Standard I (A) Independence and Objective.
B、 Standard Ⅳ(B) Priority of Transactions.
C、 Standard Ⅳ (B) Disclosure of Conflicts to Clients and Prospects.

【正确答案】 B

【答案解析】

Daniel must give priority to transactions for clients and employers over transactions for his children.