Form 144 TAYSHA GENE THERAPIES For: 21 August

Fusion Media has issued a comprehensive risk disclosure highlighting the significant inherent risks in trading financial instruments and cryptocurrencies, including the potential for total capital loss and extreme volatility in crypto markets. Crucially, the disclosure states that data provided on their platform is not guaranteed to be real-time or accurate, is indicative only, and should not be relied upon for trading decisions, while also disclaiming liability for any resulting financial losses.

Analysis

The provided text is a standard but critical risk disclosure from Fusion Media, a financial data provider. It underscores the significant inherent risks associated with trading financial instruments and, most notably, cryptocurrencies, citing their extreme volatility and the potential for a complete loss of invested capital. The disclosure explicitly warns that trading on margin amplifies these financial risks. A crucial operational takeaway for investors is the platform's disclaimer regarding its data integrity; Fusion Media states its data and prices are not necessarily real-time or accurate, are provided by market makers, and are therefore indicative and not suitable for trading purposes. This effectively transfers the burden of price verification to the user. Furthermore, the firm and its data providers disclaim all liability for any trading losses resulting from reliance on the platform's information, a standard but important legal position that reinforces the need for independent due diligence by traders.

Key Decisions for Investors

• Investors must not use data from platforms like Fusion Media for direct trading decisions without independent verification, as the provider explicitly states its prices are indicative and may be inaccurate.
• Portfolio managers should re-evaluate exposure to highly volatile assets like cryptocurrencies and the use of margin, ensuring risk parameters align with the potential for total capital loss as highlighted.
• Any automated or high-frequency trading systems should be architected to use multiple, verifiable data sources and not rely solely on this platform, given the explicit disclaimers on data accuracy and the provider's absolution of liability for trading losses.