This policy setting allows you to prevent the installation of ActiveX controls on a per-user basis. If you enable this policy setting ActiveX controls cannot be installed on a per-user basis. If you disable or do not configure this policy setting ActiveX controls can be installed on a per-user basis.
Prevent per-user installation of ActiveX controls
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HKEY_CURRENT_USER -> Software -> Policies -> Microsoft -> Internet Explorer -> Security -> ActiveX # BlockNonAdminActiveXInstall
Windows Components -> Internet Explorer