Derivatives risks

Derivatives risks means the risks associated with a fund's derivatives transactions or its use of derivatives transactions, including leverage, market, counterparty, liquidity, operational, and legal risks and any other risks the derivatives risk manager (or, in the case of a fund that is a limited derivatives user as described in paragraph (4) of this section, the fund's investment adviser) deems material.


17 CFR § 270.18f-4

Scoping language

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