问题如下：
The mosaic theory holds that an analyst:
选项：
A. Violates the Code and Standards if the analyst fails to have knowledge of and comply with applicable laws.
B. Can use material public information and nonmaterial nonpublic information in the analyst’s analysis.
C. Should use all available and relevant information in support of an investment recommendation.
解释：
B is correct.
This question deals with Standard II(A) –Material Nonpublic Information. The mosaic theory states that an analyst may use material public information and nonmaterial nonpublic information in creating a larger picture than shown by any individual piece of information and the conclusions the analyst reaches become material only after the pieces are assembled. Answers A and C are accurate statements relating to the Code and Standards but do not describe the mosaic theory.
请问a为什么不对呢 另外b的意思是可以利用非公开重大信息去分析，但是这个分析报告如果公开不也是违反了规定吗
