Parsimonious Provincial Products $($PPP$)$ is a financial services holding company. Among its subsidiaries is Parsimonious Provincial Advisers $($PPA$),$ a registered investment adviser, and Parsimonious Provincial Securities $($PPS$),$ a registered broker$-$dealer. Should PPA publish a favorable research report about a stock where PPS recently led an initial public offering, this would likely be considered

A$)$

a potentially criminal action.

B$)$

an opportunity for investors to realize greater gains.

C$)$

a benefit to having affiliated companies under the same organization.

D$)$

a conflict of interest.