19****662022-02-25 17:32:20

Versoxy Pharmaceuticals recently hired Meelono Investment Partners to work on a secondary public stock offering. Meelono's brokerage division currently has a "Hold" recommendation on Versoxy's stock. Ed Hall, investment banking head, asks Ward Lear, CFA, the head of the brokerage division, to change the recommendation to "Buy." Lear's most appropriate action is to: A. place Versoxy on a restricted list and give out only factual information about the firm. B. assign a different analyst to analyze Versoxy but not mention his conversation with Hall. C. direct the currently assigned analyst to re-examine Versoxy and consider changing the recommendation to "Buy."