Something akin to an RPG, to be used against vehicles. Would do less damage than the heavy assault rocket launcher, and be carried instead of C4.
As a HA, I frankly don't see any problems with LA having a normal rocket launcher (as opposed to light) as long as it is instead of C4. Although, am I right in assuming that if you equip C4 it's instead of the healing kits just like HA?
We already have a light rocket launcher, its call the underbarrel grenade launcher, its basically a anti infantry rocket launcher.