Maria Bell, CFA, is an investment manager and an auto industry expert. Last month, Bell sent securities regulators an anonymous letter outlining various accounting irregularities at Road Rubber Company. Shortly before she sent the letter to the regulators, Bell shorted Road stock for his clients. Once the regulators opened an investigation, which Road learned about from his sources inside the company, Bell leaked this information to multiple sources in the media. When news of the investigation became public, the share price of Road immediately dropped 30%. Bell then covered the short positions and made $5 per share for her clients. Bell least likely violated which of the CFA Institute Standards of Professional Conduct? Market Manipulation Priority of Transactions Misconduct