Most of the investors' money was put into riskier projects than promised
The IAP is also pushing for reforms to the dispute resolution process
Investors were misled by company's news releases, OSC alleged
The deadline is June 15
The Ontario Securities Commission says Emerge Canada has likely had insufficient working capital since September 2022
OSC sought to extend order until enforcement proceedings finish
Regulator addresses criticism of its agenda in revised priorities
Assets in Emerge ETFs are held in trust and still "have value" during cease-trade order, firm says
The fund company's auditor resigned in November
An Ontario court rejected an appeal over IIROC sanctions