2012 level III mock exam errata

The Mock exam for the exam Level III 2012 Morning session In Statement 2, CleanTech most likely violated which of the following Standards of Professional Conduct? A Suitability B Misrepresentation C Material Nonpublic Information Key = C C is correct as Standard II(A) Material Nonpublic Information has been violated by the board member who shared material nonpublic information with the hedge fund and by the fund because it acted on the information