Category: Emmerson Equity

Emerson Equity Fined and Ordered to Pay Investors Restitution

A man holds a tower of blocks with the word Rules from falling. Setting clear rule and restrictions. Leadership and discipline. Authoritarianism, tight control framework. Norms and laws in society

FINRA recently announced that Emerson Equity and its principal have agreed to a fine. Here are the details: From January 2015 through June 2020, the firm allegedly failed to supervise the short term trading of class A and B mutual funds. This practice is known as “mutual fund switching” and resulted in customers paying more […]