A growing litigation pipeline around semi-liquid private credit funds is anticipated as liquidity, valuation, and governance mechanisms face pressure.
FINRA Rule 5320
Requires broker-dealers to give customer orders priority over their own trading activity and prohibits firms from trading ahead of customer orders for their own benefit.
Rule Overview
Jurisdiction: United States
Regulator: FINRA
Topic: Investor Protection, Sale of Securities
FINRA Rule 5320Overview
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Widening gap between investor sentiment and geopolitical vulnerabilities calls for resilience over sudden market corrections.
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The announcement is the latest twist in a high-profile legal battle between the regulator and the fund manager, which started with the collapse of his previous company back in 2019.
With approximately 9,000 firms under supervision, cyber risks, investor protection, and crisis preparedness dominate.
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Canada’s investment industry SRO said it would consolidate rules, strengthen investor protection, and improve cyber resilience.
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Binance has accepted exposing 524 retail investors to high-risk crypto products by misclassifying them as wholesale clients. The company had already compensated those clients in 2023.
The SEC’s final Investor Advisory Committee meeting of the year offered an unusually clear window into the philosophical divides shaping American securities regulation.
The US and Swiss decisions raise international considerations for investor protection, regulatory power in bank rescues, cross-border jurisdiction, and the hierarchy of claims in bank resolution cases.
