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Denis Wong Comment On Regulatory Notice 22-08

Denis Wong
N/A

Use of derivatives was proposed by Anddre Perod of Harvard Business School in about 2000 at the HBS Investment Management lectures. Security markets are not a one-way street, he explained. It is a good way to hedge portfoliios, and with leverage it can provide an efficient use of capital so long as there is an appropiate risk discipline as volatility is maximized.