ASX market supervision head Eric Mayne maintains that the exchange's supervision is well funded. He says the "perception of conflict" is well managed by a restructuring that has hived off the supervision into a separate vehicle reporting to a separate board of directors.
But he concedes that you cannot necessarily believe what you read on the ASX wires. "We could never say that each announcement is 100 per cent accurate. It is not right for you to say this statement goes out and therefore we are testament to the accuracy of this statement."
AUM Price at posting:
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