Round 2 ISX vs ASX, page-227

The way to look at it is very simple:

Ask yourself this question:

ASIC expressed their concerns towards ISX books and records.

ASIC advised that they were considering launching a formal investigation into ISX's compliance with its disclosure obligation under the corporations act.

As the ASX you were given those information by ASIC (the regulator). What should the ASX (the market operator) do? Suspend or not suspend pending the outcome of investigations?

Very simple.