This course examines complex products including securities or investment strategies with novel, complicated, or intricate derivative-like features. The course reviews structured notes, inverse or leveraged exchange-traded funds, hedge funds, and asset-backed securities. The course also discusses the characteristics of the products that qualify it as complex and its risks.

Students who successfully complete this course will be able to:

• understand some of the identifying features of a complex product
• understand your suitability obligations with regard to complex products
• understand your training obligations with regard to complex products
• understand your supervision obligations with regard to complex products

Retail