DingoBorat
Slim
I only glanced..did you read my last post?
But have read now..
ASX Disciplinary Matter – Citicorp Nominees Pty Ltd
ASX Limited’s Chief Compliance Officer (“CCO”) has determined that Citicorp Nominees Pty Ltd (“Citi”) did not comply with the following ASX Settlement Operating Rules (“ASX SR”):
• ASX SR 6.8A.5(a), being its obligation to report its Securities On Loan Position;
(shares lent to shorters)
• ASX SR 6.8A.5(c), being its obligation to report its Securities Committed Position;
• ASX SR 6.2.2, being its obligation to ensure that all information given to ASX Settlement is
complete, accurate and not misleading; and
• ASX SR 4.18, being its obligation to have adequate resources and processes to comply with its obligations under the rules,
(the “Contraventions”).
The CCO imposed a fine of $30,000 (plus GST) for the Contraventions
WTF!
They did all that and got a 30k fine?
They probably made 100s of thousands, if not millions!..
No wonder, they don't give a FF (not a reference to FactFinder) about reporting their increasing position in Brainchip.
Plus the shares they are lending for shorting, allows them to accumulate more.
Now the 1000 eyes have found out about it, what channels do we go through, to notify that toothless scrag (ASIC) to give them a limp wristed slap on the hand!?
At least then the Market, will then know about it!
Last edited: