Explanation:
Explanation:
Option A is incorrect because the recommended procedure under Standard VI(B), Priority of Transactions, involves reviewing planned personal trades for conflicts before execution, not immediately after.
Option B is correct. The Standard recommends that investment personnel should direct their brokers to supply duplicate confirmations of all personal securities transactions to their firms. This ensures transparency and compliance.
Option C is incorrect because the Standard requires disclosure not only upon commencement of employment but also at least annually thereafter, not as a one-time disclosure.
Ethical and Professional Standards emphasize practices and procedures to prevent violations of the Code of Ethics and Standards of Professional Conduct.
Which of the following is a recommended procedure for compliance with the Standard relating to priority of transactions? Investment personnel should:
A
Review all planned personal trades for potential conflicts before executing the trades.
B
Instruct their brokers to provide their firms with duplicate confirmations of all personal securities transactions.
C
Disclose holdings in which they have a beneficial interest to their firm upon employment commencement and annually thereafter.
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