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No security, financ es, securities and other financial ‘0 obtain. Investors should note that and, in some cases, investors may Futures and options are not appropriate for all investors. Such financial instruments may expire worthless. Before investing in futures or options, clients must receive the appropriate risk Bankof America Merrill Lynch Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 55 HOUS E_OVERSIGHT_014785