Dennis Kim, CFA, manages an investment account for Amelia Frost at Century Growth Partners (CGP). Frost instructs Kim to allocate 1% of her portfolio to biotech stocks, which Kim believes is inconsistent with her investment policy statement (IPS). CGP has no policy regarding unsolicited trade requests. Kim discusses his concerns with Frost, who does not alter her instruction. Without amending the IPS, Kim executes the trade. Did Kim violate the CFA Institute Standards of Professional Conduct?