"Asked “whether a suspension is something that ASX has considered”, Kevin Lewis (at that time, Chief Compliance Officer) of ASX said that:
“we have considered it but we don’t have hard evidence”; “as much as we would like to suspend, unless ASIC gives a direction, at the current juncture we do not have sufficient evidence”; and.......“it grates to come to that conclusion”."
Why would ANYBODY, let alone a leader in a professional compliance role, a role that is supposed to be IMPARTIAL and without prejudice, be "grated" by the inability to action against a company - due to lack of evidence -.
It is inexcusable.
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