Josef Karloff, CFA, acts as liaison between Pinnacle Financial (an investment management firm) and Summit Inc．(an investment banking boutique specializing in penny stocks)．When Summit underwrites an IPO, Karloff routinely has Pinnacle issue vague statements implying that the firm has cash flows, financial resources, and growth prospects that are better than is the case in reality．This action is most likely a violation of the section of the Standards concerning:

[单选题]Kelly Stargate, CFA, runs a small investment management firm. Kelly's firm

[单选题]Richard Cardinal, CFA, is the founder of Volcano Capital Research, an inves

[单选题]Jack Steyn, CFA, recently became the head of the trading desk at a large in

[单选题]Sally Albright, CFA, works full time for Frank & Company, an investment man

[单选题]Whenever an investment management firm presents investment performance in c

[单选题]Robert Blair, CFA, Director of Research, has had an ongoing battle with his

[单选题]Victoria Christchurch, CFA, is a management consultant currently working wi

[单选题]Victoria Christchurch, CFA, is a management consultant currently working wi

[单选题]An investment management firm, Investco, Inc., was recently audited by the

[单选题]Sheila Schleif, CFA, is an equity analyst at an investment banking division