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23:24
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Originally posted by golfguy
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I lobbed the rocket with ASIC and did in fact get a response part of which is as follows:"ASIC values the information we receive from the public, and reports of misconduct such as yours assist us in working to build confidence in the integrity of the capital markets. ASIC conducts an assessment of every report of misconduct we receive. The issues you have raised will receive careful consideration, and we have recorded them on our internal intelligence database. In selecting matters for regulatory action, we consider a range of factors, including whether the misconduct report suggests any breaches of the law we administer, whether we have sufficient grounds to suspect that a breach has occurred, and whether regulatory intervention would benefit the broader community beyond the affected individuals."
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No question, the more people who badger ASIC, the better chance they will look at it - and act. I know this from having worked there once upon a time....
(20min delay)
