bots at their worst, page-15

Here's the response i got from ASIC about the 67 cancelled trades in IMF. Basically they are saying pi$$ off and stop bothering us with your useless complaints. I guess they'll be tied up "investigating" the fake Whitehaven Coal yesterday with an ANZ bank logo attached to it.

Dear Mr. XXXXX

Thank you for your correspondence of 3 January 2013.

ASIC values the information we receive from the public, and reports of misconduct such as yours assist ASIC in working to build confidence in the integrity of the capital markets in Australia.

ASIC conducts an assessment of every report of misconduct we receive. The issues you have raised will receive careful consideration, and have been recorded in our internal intelligence database.

In determining which matters we will select for further action, consideration is given to the availability of evidence, and a range of factors, including the likely regulatory effect of any available action.

As ASIC is precluded from commenting on operational matters, we are unable to provide further details regarding what, if any action we may or may not take in relation to the concerns you have raised.

If you require any information on our role as a market supervisor, or enforcement action taken by ASIC, please visit ASIC's website at www.asic.gov.au.

Please note that ASIC will only contact you again regarding your report of misconduct if we require further information or evidence to assist our enquiries.

Yours sincerely

A.Ochola

Augustine (Gus) Ochola | Analyst - Misconduct & Breach Reporting | Stakeholder Services | ASIC | Level 7, 100 Pirie Street ADELAIDE SA 5001 | Ph +61 8 8202 8493 | Fax +61 8 8202 8410 | Email: [email protected]