1. Lisa Hajak, CFA, specialized in research on real estate companies at Cornerstone Country Bank for20 years. Hajak recently started her own investment research firm, Hajak Investment Advisory. Oneof her former clients at Cornerstone asks Hajak to update a research report she wrote on a real estate company when she was at Cornerstone. Hajak updates the report, which she had copied toher personal computer without the bank's knowledge, and replaces references to the bank with hernew firm, Hajak Investment Advisory. Hajak also incorporates the conclusions of a real estate studyconducted by the Realtors Association that appeared in the Wall Street Journal. She cites the WallStreet Journal as her source in her report. She provides the revised report free of charge along with acover letter for the bank's client to become a client of her firm. Concerning the reissued research report, Hajak least likely violated the CFA Institute Standards of Professional Conduct because she: