ASX News: Australian securities regulator sues exchange operator ASX - 14th Aug 2024, 10:02am

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Investing.com-- Australia’s securities regulator said it had sued the country’s biggest exchange operator, ASX Ltd (ASX:ASX), for allegedly making misleading statements over the replacement of its Clearing House Electronic Subregister System.

The Australian Securities&Investments Commission alleged that ASX’s statements made in early-2022, that the project was ready to go live in April 2023, were misleading because the project was not progressing according to plan, and that the A...

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