Winifred is an investment analyst who has accumulated and analyzed several pieces of

nonpublic information through her contacts with drug firms. Although none of the information is

"material," Winifred correctly concluded that the earnings of one of the drug firms would be

unexpectedly high in the coming year: According to the Code and Standards, Winifred:

A$.$ can use the information to make investment recommendations and decisions.

B$.$ should publish the information before she uses it in her investment recommendations

and decisions.

C$.$ should urge the drug firm to publicly disseminate the information immediately.