An analyst has found an investment with what appears to be a great return-to-risk ratio. The analyst double-checks the data for accuracy, keeps careful records, and is careful to not make any misrepresentations as he simultaneously sends an e-mail to all his clients with a buy recommendation. According to Standard V(A), Diligence and Reasonable Basis, the analyst has:Multiple Choice a) violated the Standard by communicating the recommendation via e-mail. b) fulfilled all obligations. c) violated the Standard if he does not verify whether the investment is appropriate for all the clients.