Emerja Corporation Consent Order for Late Securities Exemption Filing Violations
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.
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, 2026GovPing 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).
Ryan Alan Bowell
03/30/2026
An Order entered by the Arkansas Securities Commissioner granting a limited agent registration.
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.
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.
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.
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.
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.
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.
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...
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