otherwise no wonder the ASX 200 get away with so much and only small fry minnows like ISX get picked on, garotted and abused to a pulp?
Would think it was more like 700 not 70, NYSE and NASDAQ have huge compliance teams and whole IT Security Teams ensuring a lack of leaks.
They are also required to disclose any dealings with journalists and are subject to the SEC wire tap provisions.
SEC would have huge departments of investigators and compliance folk looking into NYSE/ NASDAQ actions of this kind and it would never have got to this crazy JK versus Kevin Lewis scenario with leaks and counter leaks.
The Compliance Departments would be bigger, stronger and know more about how to be practical about these things rather than ending up in ASX suspension, claim and counter claim, Court case after Court case, attorney after attorney and legal fee after fee.
Perhaps compliance will be taken more seriously in the future and avoid another ISX-ASX legal debacle from happening again.
All this publicity, reputational loss and Court cases can not be much good for market confidence whether or not Kevin Lewis or John Karantzis is the winner or whether or not either of them survive this blight upon them in the aftermath?
It could be a Pyrrhic victory IMHO as so much damage to all parties involved has already been done not to mention the compliance part of it and the legal system question marks.
