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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.

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One already feels like an anachronism writing novels in the age of what-ever-this-is-the-age-of but touring to promote them feels doubly anachronistic. The marketplace is showing an increasing intolerance for the time-honored practice of printing information on paper and shipping it around the country.