Fund manager has no assets or insurance, lawyer says
The regulator's investigation into Emerge Canada is ongoing
A year after an unprecedented cease-trade order, unitholders are still waiting for answers
There are practical steps to take following the Emerge Canada saga
Investors in five Emerge ARK ETFs have not received payments for receivables outstanding
Emerge ARK funds are still owed $4.7 million by manager
Employees also allege unpaid wages
Emerge still has not repaid the receivable it owes its ARK ETFs
The order has prevented investors from cashing out after recent gains for Emerge's six ARK ETFs
Regulators allege the scheme took over US$300 million from investors