IF,ASIC, supposedly a legal watchdog, has no moral compass,then...

IF,ASIC, supposedly a legal watchdog, has no moral compass,then why is it there,if there is no protection for genuine investors ,why put up the façade that is designed to pretend they are there to protect investors rights,they are no better than the IGGY'S of this world ,they are a sham .Anybody including politicians,high paid council membrs etc, who get these massive salaries,("IGGY")DON'T seem to be answerable to anyone, ,so the theory of morality will never come into the argument,so what chance mere mortals like us have.We are going down the track of winner take all,so why try to build companies knowing full well that you're money,is in the company not for that purpose, but only so lawyers hired by the company can use you're investment capital to screw you.JUST A THOUGHT.