I should also state: these are very good questions you have.
Employees should only ever use the powers they are provide with and no more (whether through a legislative basis or not). Many times - more so recently - I have seen examples of abuses of regulatory powers in many regulatory roles, I believe it boils down to (very simply) staff turnover, lack of training and gross incompetence. As skilled, senior staff are lost, the problem becomes more severe...
I have my own suspicions of where ASX’s initial investigation (and their behaviour) fits into the regulatory model, and it’s not particularly complimentary to put it bluntly.
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held