ASX Incompetent?, page-169

Even a simple matter such as ASX stated consultation with ASIC when suspension began is still unresolved.
They wrote some bs response to ISX stating that ASIC confirmed to ISX that they didn't direct ASX to suspend.
The ASX response, incredibly, was bordering on illegible. Basically, we didnt say ASIC did direct us to suspend, but after consultation with them, we suspended ISX. WTF?
Really they implied it was a two party decision as they decided to add that ASIC has enquiries too, that nobody is privy to and is every bit possible they are just ongoing regulatory enquiries over months or years. Easy to do considering ASIC are unlikely to care enough to debate the ASX suspension notice.
So who regulates ASX actions such as this ?
Is it ASIC ? If so, why not just say ASIC didnt direct us but as the body who oversees such last resort action as this, they didn't object.
Maybe ASX compliance aren't governed at all externally and are autonomous, giving opportunity to great abuse of power, even if they are supposed to be.
That would explain the piling on of events over the past months, continuing on to a somewhat disturbing discovery today.
How is the average Aussie meant to invest with good faith in this country?
I really do hope some media outlet picks up this story from someone here and runs with it, then we will start to see the truth