When Jefferson Damon, CFA, joined NPSI Investing, NPSI began using a quantitative stock selection model that Damon had developed on his own personal time prior to his employment with NPSI. One year later when Damon left the firm, he found the original copy of the model that he had developed in a file at his home and presented it to his new employer, who immediately began using the model. According to the Standards of Practice Handbook, did Damon violate any CFA Institute Standards of Professional Conduct()
A. No.
B. Yes, because he misappropriated property that now belonged to NPSI.
C. Yes, because he failed to inform his new employer that the model was the same one used by his previous employer.
