Business & Finance
ASIC Says ASX Agrees to Pay Fine Over Misleading Chess Statement
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ASIC Says ASX Agrees to Pay Fine Over Misleading Chess Statement Australia’s securities regulator said ASX Ltd. has admitted that its Feb. 10, 2022 market announcement which stated that the Chess replacement project was “progressing well” was misleading. The Australian Securities and Investments Commission said in a statement Monday that the ASX announcement exposed market participants to the risk of financial harm.
ASIC Says ASX Agrees to Pay Fine Over Misleading Chess Statement
Australia’s securities regulator said ASX Ltd. has admitted that its Feb. 10, 2022 market announcement which stated that the Chess replacement project was “progressing well” was misleading.
The Australian Securities and Investments Commission said in a statement Monday that the ASX announcement exposed market participants to the risk of financial harm.
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