According to the Standards, a supervisor establishing procedures to eliminate conflicts of interest relating to personal trading would least likely recommend requiring ______.

Explanation: Banning employee investments is not recommended. According to the Standards, investment transactions for clients and employers must have priority over investment transactions in which a member or candidate is the beneficial owner. Recommended procedures for compliance with this standard include establishing reporting procedures for investment personnel. Recommended reporting requirements include disclosure of personal holdings and beneficial ownerships, preclearance procedures, and duplicate confirmations of employee transactions. These reporting requirements are recommended for monitoring and enforcing procedures established to eliminate conflicts of interest relating to personal trading.