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| Which of the following statements about Montpier’s analysis of Circuit Secrets is CORRECT? A. Montpier’s best course of action is to initiate coverage of Circuit Secrets as a “hold,” and attempt to get the company to disclose the nonpublic information. B. Montpier could satisfy the requirements of Standard II(A)—Material Nonpublic Information by producing a research report on Circuit Secrets for Malaysian clients, but not making it available to U.S. clients. C. If Montpier prepares a research report for all World Class clients recommending Circuit Secrets as a "buy," but does not reveal the nonpublic information, she has still violated Standard II(A)—Material Nonpublic Information. |