Changeflow GovPing Securities & Markets Emerja Corporation Consent Order for Late Secur...
Priority review Enforcement Added Final

Emerja Corporation Consent Order for Late Securities Exemption Filing Violations

Favicon for securities.arkansas.gov AR Securities Regulator
Filed
Detected
Email

Summary

The Arkansas Securities Commissioner issued a Consent Order against Emerja Corporation for late securities exemption filing violations pursuant to Ark. Code Ann. § 23-42-504(a)(13) and Rule 23 CAR § 300-504(b)(1)(M)(ii)(n). The consent order document reference is S-26-0020-26-OR01. The Clyde N. Davis III limited agent registration order was simultaneously removed from the orders page.

Published by AR Securities on securities.arkansas.gov . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

A Consent Order was entered against Emerja Corporation for a late exemption filing with the Arkansas Securities Department, violating Ark. Code Ann. § 23-42-504(a)(13) and Rule 23 CAR § 300-504(b)(1)(M)(ii)(n). Securities issuers and parties claiming exempt offerings in Arkansas should ensure timely filing of all exemption documentation with the department to avoid similar enforcement action. The Clyde N. Davis III limited agent registration order was concurrently removed from the published orders page.

Issuers of securities operating in Arkansas should verify their exemption filing calendars align with statutory deadlines, as late filings may result in consent orders regardless of whether the underlying offering was otherwise compliant.

Archived snapshot

Apr 21, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Page: Arkansas Securities Orders
Change summary: New Consent Order added against Emerja Corporation for late securities exemption filing violations. Clyde N. Davis III limited agent registration order was removed from the page.
[INSERTS] New Consent Order entered against Emerja Corporation for late exemption filing violations pursuant to Ark. Code Ann. § 23-42-504(a)(13) and Rule 23 CAR § 300-504(b)(1)(M)(ii)(n)


Page context:

Emerja Corporation

04/17/2026

A Consent Order entered against an issuer of securities for a late exemption filing with the Department pursuant to Ark. Code. Ann. § 23-42-504(a)(13) and Rule 23 CAR § 300-504(b)(1)(M)(ii)(n).

S-26-0020-26-OR01

Ryan Alan Bowell

03/30/2026

An Order entered by the Arkansas Securities Commissioner granting a limited agent registration.

S-26-0008-26-OR01

Monument Traders Co. Pty. Ltd., Windsor Advisors Group LLC, and Lance Brokaw

03/16/2026

A Cease and Desist Order directing Respondents to immediately Cease and Desist from the fraudulent sale and use of proceeds of unregistered securities in the form of investment contracts to Arkansas investors.

S-24-0040-26-OR02

New Horizon Asset Management, LLC and Chad R. Amerson

03/12/2026

A Consent Order entered in connection with violations of the Arkansas Securities Act.

S-25-0034-26-OR01

EzyRemit Worldwide Inc.

03/06/2026

A Cease and Desist Order directing EzyRemit Worldwide Inc. to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.

C-25-0036-26-OR01

NewEraEducation.com

03/05/2026

A Cease and Desist Order directing NewEraEducation.com Worldwide Inc. to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.

C-25-0062-26-OR02

Etorort.com

02/11/2026

A Cease and Desist Order directing Etorort.com to immediately cease and desist from all money transmitter activity in Arkansas until properly licensed.

C-25-0047-26-OR01

RBC Capital Markets, LLC

02/05/2026

A Consent Order entered in connection with RBC Capital Market LLC’s failure to establish and maintain a system to reasonably supervise its agents.

S-25-0018-26-OR01

Patrick Terrance Donlon

12/22/2025

A Settlement Agreement and Consent Order entered to permanently bar the licensure of Patrick Terrance Donlon in connection with violations of the Fair Mortgage Lending Act and the Rules of the Fair Mortgage Lending Act.

[C-25-0023-25-OR01](https://securities.arkansas.gov/wp-content/uploads/2025/12/Do...

Named provisions

Ark. Code Ann. § 23-42-504(a)(13) Rule 23 CAR § 300-504(b)(1)(M)(ii)(n)

Get daily alerts for AR Securities Regulator

Daily digest delivered to your inbox.

Free. Unsubscribe anytime.

About this page

What is GovPing?

Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission

What's from the agency?

Source document text, dates, docket IDs, and authority are extracted directly from AR Securities.

What's AI-generated?

The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.

Last updated

Classification

Agency
AR Securities
Filed
April 17th, 2026
Instrument
Enforcement
Branch
Executive
Legal weight
Binding
Stage
Final
Change scope
Substantive
Docket
S-26-0020-26-OR01

Who this affects

Applies to
Investors Public companies
Industry sector
5231 Securities & Investments
Activity scope
Securities exemption filings Issuer registration Securities enforcement
Geographic scope
US-AR US-AR

Taxonomy

Primary area
Securities
Operational domain
Compliance
Topics
Consumer Finance Corporate Governance

Get alerts for this source

We'll email you when AR Securities Regulator publishes new changes.

Free. Unsubscribe anytime.

You're subscribed!