ASIC values the information we receive from the public, and complaints such as yours assist ASIC in working to build confidence in the integrity of the capital markets.
ASIC conducts an assessment of every complaint we receive. The issues you have raised will receive careful consideration, and have been recorded on our internal intelligence database.
In determining which matters we will select for further action, consideration is given to the availability of evidence, and a range of factors, including the likely regulatory effect of any available action.
I guess nothing will ever be done by this mob, Oh well it was worth a try.
As ASIC is precluded from commenting on operational matters, we are unable to provide further details regarding what, if any, action we may or may not take in relation to the concerns you have raised.
If you require any information on our role as a market supervisor, or enforcement action taken by ASIC, please visit ASIC's website at www.asic.gov.au.
Please note that ASIC will only contact you again in relation to your complaint if we require further information or evidence to assist in our enquiries.
If you have any questions in relation to this letter please me on (08) 8202 8548 or via return e-mail.
Yours sincerely
Mark Asclipenos Misconduct & Breach Reporting Stakeholder Services
PDY Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
