There is not necessarily a good reason why a regulator should have to be involved in product design and marketing for rich and sophisticated investors. We recommend that such investors should be able to sign a piece of paper which allows them to go ahead and buy unregulated products at their own risk.
We are perhaps uniquely among the earth's creatures the worrying animal. We worry away our lives fearing the future discontent with the present unable to take in the idea of dying unable to sit still.