Final answer:
Grey's statements may have violated the CFA Institute Code and Standards depending on the nature of the statements.
Step-by-step explanation:
Grey's statements may have violated the CFA Institute Code and Standards depending on the nature of the statements. The CFA Institute Code and Standards set ethical guidelines for financial professionals. If Grey's statements involved unethical or improper conduct related to finance, then they would likely be in violation of the Code and Standards.
For example, if Grey provided false information about a company's financial performance to manipulate stock prices, this would be considered a violation of the Code and Standards.
It is important to note that without specific details about Grey's statements, it is difficult to determine with certainty if they violated the CFA Institute Code and Standards.