broke common laws in margin lending

Hello Everyone,

Let's look at it this way. If You own Shares which are in a Margin Loan position You still receive the Dividends Rights Issues etc., therefore You are the OWNER of the Shares.
Now Opes Prime and also ANZ made their Own problems and really it is ANZ's Fault to not have not seen what was going on at Opes Prime. No doubt ANZ have been obtaining Interest Payments from Opes Prime from Time to Time and ANZ took the RISK to obtain this Interest from Opes Prime.
The Losses by ANZ in Opes Prime should have been carried by ANZ until the Receiver of Opes Prime worked through the Opes Prime Books on a Case by Case Basis.
From what I can see ANZ through J B Were are selling down ALL Shares which were in Opes Prime Accounts and many of these Accounts would have been in Good Order, therefore ANZ have broken Common Laws which are in place with Margin Lending.
People with Opes Prime Accounts which were in ORDER seem have a good Case against the ANZ actions.

No responsibility taken for any losses in association with this Posting.

Regards,

moly