Werner Merz, CFA, manages a short-term corporate bond mutual fund at a subsidiary of Cygnet Bank. The president of Cygnet Bank tells Merz that the bank needs to sell some of its long-term government bond holdings; however, because market prices are below their purchase price of 100, a loss would be realized. The president asks Merz to purchase these bonds for the mutual fund at 100, assuring him that the fund can hold the bonds to maturity and get a full return of the initial investment. Merz purchases the bonds for the fund at 100 as requested. Merz has most likely violated the Standard(s) relating: