If anyone can explain to me how the ASX can suspend ISX for...

If anyone can explain to me how the ASX can suspend ISX for months without providing investors with any substantive evidence of the company breaching the law or listing rules I would be very appreciative. While some of ISX's customers "may" have breached laws, I wasn't aware that a company could be held accountable for the behaviour of its customers.

My confusion is further compounded by the fact that the ASX apparently has no issue with the big 4 banks breaching laws for years and years. To the best of my knowledge, the ASX has not suspended any bank including Westpac with its confessed 23 million breaches of anti-money laundering and counter-terrorism financing laws.

In my view, the ASX presents one of the biggest risks associated with investing in Australia. It is not an organisation that I have any confidence in. FWIW I'm progressively liquidating all of my ASX holdings in favour of more transparent and accountable exchanges.