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Marc Feldman, CFA, is manager of corporate investor relations for a high-tech startup, zippy.com, in Boise, Idaho. Feldman learns that Larry Smith, controller, is altering the accounting records. Feldman advises some of his personal friends to sell short zippy.com. This action: A. constitutes a violation of the Standard concerning prohibition against misrepresentation. B. constitutes the use of material nonpublic information and is a violation of the Code and Standards. C. constitutes professional misconduct but not the use of nonpublic information and is a violation of the Code and Standards. |