原版书

要看他购买这个ETF的动机。任何基于内幕消息的投资活动都算违反，交易的品种，不限于股票、衍生品。还包括Mutual funds等。这段摘自原版书：

The prohibition on using this information goes beyond the direct buying and selling of individual securities or bonds. Members and candidates must not use material nonpublic information to influence their investment actions related to derivatives (e.g., swaps or option contracts), mutual funds, or other alternative investments.

因为从题目的描述来看，他购买这个Retail ETF的动机，就是这条内幕消息。