Paul Clark, CFA, has just learned from a financial analyst at Corvac Industries that orders for their core products are running ahead of last year's orders by $15\%,$ information that has not been publicly disclosed by the company. Clark currently has a hold rating on Corvac based on his expectation of a $5\%$ increase in revenues for the current year. Based on Standard II$($A$)$ Material Non$-$public Information, Clark's most oppropriate course of action is to:

put Corvac on his firm's restricted list and not make a recommendation until the increase in orders is publicly disclosed.

encourage Corvac to publicly release the order information and not act on that information until it is publicly disclosed.

disclose the information publicly prior to making any changes in his recommendation.