The Canadian Securities Administrators published a Financial Literacy Month investor message urging Canadians to discuss their financial plans with family, friends and, where possible, advisors, and to do more research using credible sources as hybrid and self-directed investing becomes more common. New CSA research on hybrid investors found that those less likely to speak with an advisor when developing a financial plan were more inclined toward higher-risk, speculative behaviour, including frequent trading and investing in high-risk alternative investments such as crypto assets and options. The CSA urged investors to verify registration before investing, including by checking whether a platform or firm is registered at aretheyregistered.ca. It also pointed to regulator-provided tools on investing basics, emphasized the importance of understanding risk tolerance and that higher potential returns typically come with higher risk, and highlighted the need to recognize fraud red flags and report suspicious activity to local securities regulators. Where assistance is needed, the CSA encouraged speaking with a registered financial advisor to support comprehensive planning and suitable investing.