Jean-luc schlumberger, cfa, is an independent research analyst providing equity research on companies listed on exchanges in emerging markets. he often incorporates statistical data he obtained from the web sites of the world bank and the central banks of the various countries into the body of his research reports. while not indicated within the reports, whenever his clients ask where he gets his information he informs them the information is in the public domain, so he doesn’t keep his own records. when the clients ask for the specific web site addresses he provides the information. which standard has schlumberger most likely violated?

a. misconduct.
b. record retention.
c. misrepresentation.