As of March 8, Retail investors can invest in Credit default swaps!

[peilthetraveler]

http://www.zerohedge.com/article/prepare-trading-revolution-here-come-cds-retail-investors

CDS's for retail investors, although they will be called CEBOs, or credit event binary options. They will be marginable too! So nice of Wall Street to let the little guy lose his ass, just like banks!