When I lived in London in 2007, just as the global financial crisis was unravelling, I saw the significant impact on financial markets, the economy, people's businesses, and, not least of all, the devastating human cost, including on my own family. So anything we can do to insulate ourselves when such global events crop up is a good thing. We have recently seen issues such as the trading of game stock shares on novel electronic platforms, where investors were exposed to significant losses because of the lack of liquidity in those platforms. We've also witnessed a similar series of events with the volatility in the movements of cryptocurrencies. This bill could reduce the impact of these events on New Zealand investors. 