Nick Austin has failed the CFA Level I exam three times and is registered for the exam for the fourth time. In his frustration, Nick publicly posted the following comment on his social media account: "I believe that the CFA Institute is limiting the percentage of passers so they can profit more from the exam fee!" Which is correct? O Austin is in violation of Standard VII(A) but not in violation of Standard (D). Austin is in violation of both Standard (D) and Standard VII(A). Austin is not in violation of Standard I(D) nor Standard VII(A)