Greg Romo, CFA, an analyst, recently completed a report on Poweron Automotive, a small electric car manufacturer operating one factory. Over the last three months, Romo has counted the number of vehicles shipped from Poweron's factory every Wednesday. From his one day per week observations, he forms an opinion on estimated total shipments for the last quarter. Romo limits the scope of his report by omitting details not relevant to production activity. Romo concludes in his research report: "Based on the fact that I observed an average of 830 vehicles shipped every Wednesday last quarter, I recommend a strong BUY."

Did Romo violate the Standard relating to communication with clients and prospective clients?