"It has been revealed ASX staff encouraged Opes Prime to exploit a loophole to shelve $1.3billion worth of bank debt in a separate company. ASX staff visited the offices of Opes Prime before the broker went into administration, and the stock exchange was accused of missing vital details.
It was revealed Opes Prime contacted the ASX's Prudential Risk Management group headed by Marisa Khan, who refused to comment yesterday along with Eric Mayne, the chief supervision officer, despite growing calls for his resignation." source news.com.au
This is outrageous.
ASX MUST be stripped of it's enforcement powers NOW!!!!
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$56.45 |
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Change
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