PVS-Studio warning V506 for WinSCP

void __fastcall TCustomScpExplorerForm::EditorAutoConfig()
{
  ....
  else
  {
    ....
    TEditorList EditorList;
    EditorList = *WinConfiguration->EditorList;
    EditorList.Insert(0, new TEditorPreferences(EditorData));
    WinConfiguration->EditorList = &EditorList;
  }
  ....
}

This suspicious code was found in WinSCP project by PVS-Studio static code analyzer.
Warning message is:
V506 Pointer to local variable 'EditorList' is stored outside the scope of this variable. Such a pointer will become invalid. customscpexplorer.cpp 2633

PVS-Studio is a static analyzer for detecting bugs in the source code of applications written in C, C++, C++11, C++/CX. Site: http://www.viva64.com/en/pvs-studio/