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Rose Worth, CFA, is analyzing the import/export firm Transocean Trading. A large increase in tariffs has been proposed, which Worth believes would reduce Transocean’s earnings. Worth speaks with her Congressman, Jerome Horwitz, who tells her that he is certain the tariff increase does not have enough support to become law. Worth distributes a report that says, "Transocean’s earnings next year will be within management guidance because the tariff increase will not be enacted." Worth has most likely violated the Standard related to:
A. preservation of confidentiality.
B. material nonpublic information.
C. communication with clients.
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