Share
4,406 Posts.
lightbulb Created with Sketch. 2139
clock Created with Sketch.
17/11/20
11:33
Share
Originally posted by gattertop:
↑
yep ... and regulators told WBC several years ago that their systems were inadequate and being used by criminals. And they did nothing. Arrogance and entitlement. The same failing is evident around the ASX board. Scary to think that those same people are attempting a world first development of a DLT based trading system. Risk of failure = huge. Chance of trouble free introduction = slim. Likelihood of CEO and board accepting responsibility = Zero.
Expand
Originally posted by mags001:
↑
I think we are starting to peel back the layers of secrecy re the ASX and starting to get to the bottom of some of the issues; -some peeps are double hatting as execs of the big 4 and also holding positions on the ASX board (FWIW I have a massive problem with this) - the big 4 were caught with their pants around their ankles re money laundering, porn and some other sick shit due to their inability to identify users - ASX who employ the same execs now how IT/Capability issues of their own - who would've thought that might of happened - as the article says, ASIC told ASX to fix their xxxx back in 2016. Yes, no, waiting - again users of the ASX platform get whacked for any infringements and the ASX punishment for yesterdays debacle and the delays in their other ground breaking capabilities, not much. All allegedly of course ;-) No wonder I took up drinking again
Expand
....agree @gattertop @mags001 we need to keep-on reminding of the corruption/collusion establishment by both ASIC & ASX.....!