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we may accumulate false significant results. A Bonferroni correction would, instead, reduce the power dramatically. The second problem arises when we system trading company from testing a single prediction to multiple predictions (we will later consider 12 distinct predictions, KT-V1 through KT-V12). Scholars with advanced expertise in quantitative testing rarely use the descriptive or semi-quantitative approaches we summarized in Table 2.

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Despite the nomenclature, and the gaming overtones associated with such products, the CSA regards these products as securities or derivative contracts or instruments within their jurisdiction and mandate to regulate. While narrow exceptions currently exist for sales transactions with highly sophisticated purchasers, such transactions will be prohibited as well if they come within the purview of the Binary Options Rule.

In light of the CSAs adoption of the Binary Options Rule, including its adoption by the AMF, and in the interest of harmonizing the regulation of binary options across Canada, the AMF announced that it would not proceed with its earlier proposal. As noted above, B. will not be implementing the Binary Options Rule.