tiprankstipranks
Company Announcements

ASX Limited Defends Against ASIC Allegations

ASX Limited Defends Against ASIC Allegations

ASX Limited (AU:ASX) has released an update.

ASX Limited has filed a defense against ASIC’s allegations of misleading statements related to its previous CHESS replacement project, claiming the statements were based on available information and were not unlawful. The company acknowledges project delays and has made efforts to reassess and improve its approach, emphasizing ongoing constructive engagement with regulators. ASX remains committed to defending its actions in the interest of its shareholders.

For further insights into AU:ASX stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1