15 August 2018, page-12

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flyboy77

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19/09/18

23:24

Post #: 35712419
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Originally posted by golfguy ↑

I lobbed the rocket with ASIC and did in fact get a response part of which is as follows:

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

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

In selecting matters for regulatory action, we consider a range of factors, including whether the misconduct report suggests any breaches of the law we administer, whether we have sufficient grounds to suspect that a breach has occurred, and whether regulatory intervention would benefit the broader community beyond the affected individuals."

No doubt this is a template answer....and given what is going on at the Royal Commission, I suspect just as likely it will get lost as they may believe they have other matters on their minds....

However, if enough of us do this then surely they would have to take notice?

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No question, the more people who badger ASIC, the better chance they will look at it - and act. I know this from having worked there once upon a time....

After all, Gandel - who presumably pulls the strings here - would be a decent scalp?

CTL Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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15 August 2018, page-12

Top Stories

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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ASX hits all time high out the gate on Friday trades following bullish US inflation data

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Immutep reports strong response rate from immunotherapies treating carcinomas

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

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