Marilee Ann Hill (CRD #2768544) Has Regulatory and Customer Dispute Disclosures on FINRA BrokerCheck

Marilee Ann Hill (CRD #2768544) is a broker currently registered with Emerson Equity LLC. We reviewed her BrokerCheck report on April 20, 2026. It reflects two regulatory events and two customer disputes. If you invested with Marilee Ann Hill and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Actions

Marilee Hill’s FINRA BrokerCheck Report reflects two regulatory action disclosures. Summaries are below:

On January 7, 2013, Marilee Hill FINRA BrokerCheck states that FINRA suspended her in any capacity after it said she failed to comply with an arbitration award or settlement agreement, or failed to respond satisfactorily about her compliance status. The suspension lasted until January 9, 2013.

On December 2, 2014, Marilee Hill FINRA BrokerCheck shows that Massachusetts allowed her registration as an agent of Primex subject to conditions. The disclosure says the state cited her prior disclosure history, imposed heightened supervision, and limited transactions with Massachusetts customers to accredited investors. Her BrokerCheck statement says the order expired in 2016.

Investor Disputes / Customer Complaints

Marilee Hill’s FINRA BrokerCheck Report reflects two customer dispute disclosures. Summaries are below:

On February 18, 2026, a customer alleged breach of fiduciary duty, negligence and gross negligence, misrepresentations and omissions, violations of FINRA rules, violations of federal and state securities laws, and violations of best interest obligations tied to an investment made around 2018. Marilee Hill FINRA BrokerCheck lists the product as a real estate security, and the customer seeks $500,000 in damages.

On September 23, 2010, customers alleged problems tied to two TIC 1031 properties they bought in 2007 after reinvesting sale proceeds from row houses. Marilee Hill FINRA BrokerCheck shows the claim went to FINRA arbitration, and the customers received a $61,600 award on October 4, 2012. The related Award is available online.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a recommendation to fit the customer’s investment profile. Disputes over real estate securities and other complex investments can raise questions about risk, liquidity, and whether the recommendation matched the investor.

Rule Summary #2: FINRA Rule 9554 (Failure to Comply with an Arbitration Award or Related Settlement)

FINRA Rule 9554 lets FINRA suspend a broker or firm that does not comply with an arbitration award, a related settlement, or a restitution order after notice. A disclosure involving a short suspension for non-compliance with an arbitration award fits that framework.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on Her FINRA BrokerCheck report, Marilee Hill:

Is currently registered with Emerson Equity LLC.

Has passed the Securities Industry Essentials (SIE) exam. Marilee Hill has passed Series 7 and Series 6. She has also passed Series 24, Series 66, and Series 63.

Was previously registered with firms that include Primex, Concorde Investment Services, LLC, and Steven L. Falk & Associates Inc.

Kurta Law Can Help

If you have worked with Marilee Hill and you have concerns about her activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Unsuitable Investments | Securities Attorney

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.