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    ASIC Sues ASX for Misleading Statements on CHESS | FinOracle

    Market Trends & Social Media Insights – October 12, 2024 18:28

    ASIC Sues ASX for Misleading Statements on CHESS | FinOracle

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    ASIC Sues ASX for Misleading Statements on CHESS | FinOracle

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    ASIC Sues ASX for Misleading Statements on CHESS | FinOracle

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    Bitcoin Whale Sells $46 Million Amid Price Drop

    ASIC Sues ASX for Misleading Statements on CHESS | FinOracle

    Lunex Network Gains, Dogecoin and Shiba Inu Eyed

    ASIC Sues ASX for Misleading Statements on CHESS | FinOracle

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ASIC Sues ASX for Misleading Statements on CHESS

Australian regulator sues ASX for misleading investors about CHESS project readiness, affecting market confidence.

by Mark Eisenberg
Wed, Aug 14, 2024 2:57pm
in Finance
• 2 mins read
14.8k
ASIC Sues ASX for Misleading Statements on CHESS | FinOracle

Photo: Finoracle.net

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ASIC Takes Legal Action Against ASX for Misleading Investors

The Australian Securities & Investments Commission (ASIC), the country's top financial watchdog, has initiated legal proceedings against ASX Ltd, Australia's largest exchange operator. The lawsuit stems from allegations that the ASX made misleading statements regarding the progress and readiness of its Clearing House Electronic Subregister System (CHESS) replacement project.

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