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Keyword: Cease trade orders

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A gavel rests on its sounding block with a several law books and a justice scale out of fucus in the background. A cool blue cast dominates the scene. (A gavel rests on its sounding block with a several law books and a justice scale out of fucus in t

Fund manager has no assets or insurance, lawyer says

Magnifying glass on documents

The regulator's investigation into Emerge Canada is ongoing

Hands in the air for questions

A year after an unprecedented cease-trade order, unitholders are still waiting for answers

Real assets

There are practical steps to take following the Emerge Canada saga

Piles of coins

Investors in five Emerge ARK ETFs have not received payments for receivables outstanding

liquid dollar sign

Emerge ARK funds are still owed $4.7 million by manager

gavel

Employees also allege unpaid wages

Graph tablet

Emerge still has not repaid the receivable it owes its ARK ETFs

stock market data

The order has prevented investors from cashing out after recent gains for Emerge's six ARK ETFs

Gavel and texts

Regulators allege the scheme took over US$300 million from investors