Lack of Market Regulations

[prawn_86]

I have to say I dont think it is hype Doc, or at least it shouldnt be.

Re short selling etc, if its within the laws then I have no problem with it.

What annoys me is the fact that directors, companies etc are breaking current laws blatantly and getting away with it.

ASIC is hamstrung and 99% (my own figure ) of those that break laws get away with it.


Below is my quote from my 1st post. All these things are illegal and yet nothing (that we know of) has been done.

All the lack of disclosure of directors margins loans.

IRL lending MON $7mill, which is like 30% of IRLs market cap.

TTY lending OLY $2mill, when OLY was effectively broke.

The countless times SP queries have been issued with a "we know nothing" response, only to have a price sensitive announcement within the week.

VRE saying all good, then are in administration within a month.