2024 BrainChip Discussion, page-5947

The Australian Securities and Investments Commission (ASIC) has regulations in place to deter market manipulation on the ASX. However, completely stopping it can be difficult. Here's a breakdown:ASIC Regulations: ASIC has rules that define and prohibit market manipulation. These rules focus on activities that create a misleading or artificial impression of supply or demand for a stock. Examples include spreading false information, creating wash trades (buying and selling to yourself to inflate volume), or matched orders (placing buy and sell orders simultaneously to cancel each other out).Challenges of Enforcement: Detecting and proving market manipulation can be complex. ASIC needs to gather evidence to demonstrate deliberate attempts to manipulate the stock price.