Institutional investors seek distribution from failed fund manager
Investor protections under securities law create priority in receivership
Conditions for fundraising and deal activity are deteriorating, according to an S&P survey
Sector's rapid growth raises concerns with global regulators
The company is the latest to offer private investments catering to retail investors
Firm seeks to suspend the limitation period on potential claims against advisors and dealers
Only certain investors will have access to the fund, which comes with redemption limits and performance fees
Regulator claims millions are missing after funds used in Ponzi-style payments
Elevated redemptions from illiquid funds highlight possible suitability risks, Fitch says
No simple way to separate allegations against the failed firm's former execs