For the past five years, Rafael Garcia has served as a portfolio manager for Peak Investments. Garcia accepts a position at a competing firm. Garcia is not subject to a non-compete agreement. After beginning his new job, Garcia discovers files on his home computer that contain information about Peak's clients. Garcia shares this information with his new employer with the hope of bringing some of these clients over to his new firm. Garcia has:

1.violated the Standards because he has misused information belonging to Peak Investments.

2.not violated any Standard because he is not subject to a no compete agreement.

3.not violated any Standards because he is permitted to contact former clients after he begins the new position.