Amato, an island nation, does not have any regulations precluding the use of non-public information. Darcy has a friend and fellow CFA charter holder there with whom he has shared nonpublic information regarding firms outside of her industry. The information concerns several firms’ internal earnings and cash flow projections. The friend may:

单项选择题Edwin, CFA, obtained a copy of a computerized stock selection model designed by a former MBA classmate who is a Wall Street analyst. After spending some time reviewing the program and making some adjustments, Edwin showed the new model to his supervisor. His supervisor said he did a great job and told Edwin to incorporate the new model in his next industry review. He called his old classmates for permission, and she told him to go head and use the model, which he did without reference to his former classmate. Edwin has:

单项选择题An investment management firm has been hired by SEK Corporation to work on an initial public offering for the company. The firm’s brokerage unit now has a sell recommendation on SEK, but the head of the investment-banking department has asked the head of the brokerage unit to change the recommendation from sell to buy. According to the Standards, the head of the brokerage unit would be permitted to: