SP1 0.00% $1.07 southern cross payments ltd

We holders of ISX need to keep our message simple.

  1. 2,243 Posts.
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    THE TOPIC ON THIS THREAD:

    Most ISX holders have no issue with ISX being investigated - just not by the ASX:
    1. The ASX should not be allowed to regulate/investigate a company with which it is in direct competition, and/or
    2. If the ASX wants to be in an industry that is in direct competition with companies it is regulating, then it should not be a regulator.
    Background:
    1. The ASX is a competitor of ISX for the bank's AML/CFT business as well as for Delivery vs. Payment systems for corporate securities.
    2. The ASX has been asking for competitive information from ISX while refusing to guarantee ISX that the information will remain confidential even while there have been reports of information being leaked within the ASX and external to the ASX.

    Because:
    1. How can we trust in any report or decision given by the ASX when it involves so much money to be gained or lost?
    2. How can we maintain trust in our regulatory systems if this kind of conflict of interest is allowed to exist?

    This is the message that we need to be repeating over, and over, and over and over.

    THE FOLLOWING IS NOT THE TOPIC - BUT SUGGESTED RULES OF ENGAGEMENT:
    ____________________________
    I received this message from Hot Copper yesterday after querying emails that had been "moderated".

    "Hi,
    .....
    Here is an outline on how we moderate
    We only review a reported post for possible moderation. We do not read threads, we do not read previous posts.
    So if you responding to a post, if the post before is baiting we do not see it.
    Our Formula for review is simple.
    Stick to this and your posts will not get moderated
    Discuss the stock, not the member.
    Civil stock debate
    Don't attack moderation
    Don't use profanity
    Ensure your comments are not defamatory to others or the company.
    If unsubstantiated, then post what you believe is the correct information.
    Don't post your thought as facts
    Where possible provide supporting evidence within guidelines
    It should also be noted we are not editors, we do not have the time to research who is right or wrong.
    Therefore if a member reports a post a unsubstantiated, if it does not breach our TOU it will not be removed.

    End of email
    ___________________________

    Therefore, please REPORT any post in this thread, no matter how trivial, that does not stay within the topic. Please do it as soon as possible so that the tread does not wander off course.

    And remember, nothing else really matters except ISX getting a fair and reasonable shot at explaining itself.
    Last edited by itzgr82balive: 13/12/19
 
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