Zhou Lun, CFA, is an equity analyst who recently prepared a full report on BMM Corporation. The report included financial projections developed by Zhou Lun and information gathered from a third-party research firm, which she referenced, in the report, Zhou Lun wrote, “We recommend this stock for the portfolios of clients with aggressive risk profiles. This recommendation is based on third-party research we believe to be reliable.” At the end of the report, Zhou Lun noted, “The author's family owns BMM Corporation securities including common stocks and bonds.” The report was posted on the company's website for client access and distributed to clients via e-mail. According to the Standards of Practice Handbook, has Zhou Lun violated any CFA Institute Standards of Professional Conduct?

A.No.

B.Yes,because the report relied on third-party research.

C.Yes,because the report was not properly disseminated.