ASIC

"loosey" NELSON


I have had this information on this web-site referred to the Australian Securities & Investments Commission (ASIC) by the NSW Attorney General, Bob DEBUS, about the end of 2001.  As I discovered on a previous occasion (23/5/01), about the time when BHP Ltd had that Extraordinary General Meeting where the vote for the merger with Billiton plc was carried, the Manager of the Complaints Management Programme of the ASIC cannot understand an apparent anomaly as shown by his letter (following).  This anomaly is the commencement of BHP's steep and deep share-price decline commencing after the close of trading on the 2nd of July, 1997 (see graph following) and the very large possibility that BHP gained access to the rights to a very profitable invention where the posession of the rights to this invention should have resulted in at least the doubling of BHP's profits!

 

The preceding graph shows that BHP Ltd "seemed" to experience financial problems corresponding with about when I believe the rights to this very profitable FACE EMPLACED Services Support invention were transferred from my ownership.  There was no need for BHP to experience this catastrophic collapse of their share-price if they had licensed my invention unless the profit from this invention was being "skimmed".  The price of BHP shares should have shot up with the licensing of this invention as I believe that once the two executors of my wife's estate applied for probate they could have "legally" transferred the intellectual property rights to themselves in exchange for purported debts - although this would be considered most improper!

The situation in July 1997 is "Catch 22" - if BHP Ltd did not license this invention then they were guilty of not earning a guaranteed very large profit(s) or BHP are "skimming" from the profits on a scale unheard of before!  This anomaly should attract the interest of the ASIC but once alerted to this anomaly the ASIC should have investigated and this isn't the case as shown in the following letter from the ASIC.

 

 

You'll note, from the preceding letter, that the officer of the ASIC expects me to know the law with respect to "insider trading" and/or share-price manipulation.  Though I don't consider myself an expert in law by any means I understand that the directors of BHP Ltd should be charged with not disclosing information to the market through the Australian Stock Exchange as they are required to do.  BHP at least did not properly disclose the information to the Australian Stock Exchange, as they are obliged to do, about this invention because otherwise the price of BHP shares would have inflated dramatically once the they had gained control of this invention (there is always the slim possibility that BHP didn't license this invention from my ex-in-laws - "Yeah right!").

The letter was actually a two-page letter with the just the last two lines of the letter and Chrissy Cover-Up's signature on the second page.  Why would you think that "Chrissy" would not want his signature on the page with the official ASIC letterhead together with the contentious content of this letter (first sentence in the "second-last" paragraph of the first page),

"The movements in the price of ordinary shares in BHP, traded on the Australian Stock Exchange, and ownership of these shares, you have identified do not appear to be unusual or irregular in any way."

This is not the only letter where an "authority's" signature has appeared on a following page!  I have in my posession a letter from a certain Detective Inspector Colin DYSON of the NSW Police Service - Fraud Squad.  Colin has used the same 'device' of not signing on the official NSW Police Service's letterhead - and there is exactly the same number of lines on the second page with what is purported to be his signature!  This 'device' is taught in one of the elementary classes at FRAUD SCHOOL - the class is called "Cover-Up 101".

 

The following is the REAL end of the letter and you'll note the date - "25 January 2002", the recipient of the letter - "Mr J. Edwin Pink", the page number - "-2-" as well as the horizontal line dividing this information from the main body (all of 1.5 lines) of the remainder of the letter do not appear in the unauthorised version (above).  Many people have written letters to politicians serving in the NSW Parliament ("Rum Rebellion") about a letter from the .NSW POLICE SERVICE.  which has used exactly the same trick! 

 

 

 

I call the ASIC "any rich person's partner-in-crime"!  Here's another letter from the ASIC triggered by this  letter  from myself.  Their standard means of "enforcing" the laws they are supposed to uphold is to write two letters - the second letter re-directing the complaint!  This is "paper shuffling" taken to the extreme!

The CBDset get their "man" in (Ross TURNBULL) using any means (over half a million dollors spent on publicity AND using the NRMA's own Mailout!) and then it was just a matter of defending the rigged result!

"A director cannot obtain a benefit for himself!"  -  without the help and payment to the ASIC!

I have renamed the Australian Securities & Investments Commission "The Protectorate of some of the Wealthy and therefore Influential" in this country because that is their function!  Once anything is referred to the ASIC about this BHP Inc. series of colossal frauds I regard the referral as equivalent to the "dead letter office".

 

Sydney Morning Herald - 27/12/02, page 15

 

 

 FOLLOW THE LINKS CHRISTOPHER FINTAN     (Chrissy Cover-up) 

http://www.asic.gov.au/asic/asic.nsf/byheadline/The+laws+ASIC+administers?opendocument

About ASIC

The laws ASIC administers    (when it feels like it!)

ASIC administers the following legislation (or relevant parts of it), as well as relevant regulations made under it:

*. Corporations Act 2001 .;
* Australian Securities and Investments Commission Act 2001;
* Insurance (Agents and Brokers) Act 1984;
* Insurance Contracts Act 1984;
* Superannuation (Resolution of Complaints) Act 1993;
* Superannuation Industry (Supervision) Act 1993;
* Retirement Savings Accounts Act 1997;
* Life Insurance Act 1995;
* Insurance Act 1973.

 

Philip RUDDOCK's Attorney General web-site

use "insider trading" in the search box

Your search matched 48 of 320886 documents.
48 are presented, ranked by relevance.

. CORPORATIONS ACT 2001 .
Chapter 1—Introductory

5B. ASIC has general administration of this Act 

 CORPORATIONS ACT 2001  - SECT 5B
ASIC has general administration of this Act

Subject to the ASIC Act, ASIC has the general administration of this Act.

1. Score: 0.95 Database: Explanatory Memoranda for Bills 1996+

Financial Services Reform Bill 2001
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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - TABLE OF PROVISIONS
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3. Score: 0.87 Database: Bills 1996+

Financial Services Reform Bill 2001 First Reading
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FINANCIAL SERVICES REFORM ACT 2001No. 122, 2001Schedule 1-Financial Services and Markets
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FINANCIAL SERVICES REFORM ACT 2001Schedule 1-Financial Services and Markets
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Corporations Amendment Regulations 2002 (No. 3) 2002 No. 41
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Corporations Amendment Regulations 2002 (No. 16) 2002 No. 16
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8. Score: 0.82 Database: Numbered Statutory Rules 1979+

CORPORATIONS AMENDMENT REGULATIONS 2002 (NO. 3)2002 No. 41Schedule 1 Amendments commencing at 12.02 am (in the Australian Capital Territory) on 11 March 2002
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9. Score: 0.82 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 182 Exceptions to insider trading rules-special rules relating to bodies corporate
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10. Score: 0.82 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 179 When a person contravenes the insider trading rules in relation to superannuation interests
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11. Score: 0.82 Database: Numbered Acts 1973+

CORPORATIONS LEGISLATION AMENDMENT ACT 1991 No. 110 of 1991 - SCHEDULE 4
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Corporations Amendment Regulations 2002 (No. 6) 2002 No. 145
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Corporations Regulations (Amendment) 1996 No. 26
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Corporate Law Economic Reform Program Bill 1998
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 Corporations Bill 2001 Volume 3 First Reading
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16. Score: 0.80 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 186 Civil liability-trustee may recover price differential
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17. Score: 0.80 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 185 Civil liability where plaintiff suffers loss or damage because of a contravention of the insider trading rules
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18. Score: 0.80 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 184 Offence of contravening the insider trading rules
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19. Score: 0.80 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 183 Exception to insider trading rules-officers or agents of bodies corporate
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20. Score: 0.80 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 181 Exception to insider trading rules-knowledge of person's own intentions or activities
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21. Score: 0.80 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 180 Exception to insider trading rules-Chinese wall arrangements by bodies corporate
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22. Score: 0.80 Database: Numbered Acts 1973+

CORPORATIONS LEGISLATION AMENDMENT ACT 1991 No. 110 of 1991 - TABLE OF PROVISIONS
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23. Score: 0.80 Database: Numbered Acts 1973+

CORPORATIONS ACT 1989 No. 109 of 1989 - TABLE OF PROVISIONS
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24. Score: 0.80 Database: Acts - Current Consolidations

. CORPORATIONS ACT 2001 .- SECT 1317E Declarations of contravention
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25. Score: 0.80 Database: Acts - Current Consolidations

. CORPORATIONS ACT 2001 .- SECT 1040A Content of Part
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26. Score: 0.77 Database: Explanatory Statements of Statutory Rules

Corporations Amendment Regulations 2002 (No. 4) 2002 No. 53
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Corporations Regulations (Amendment) 1995 No. 222
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28. Score: 0.77 Database: Explanatory Memoranda for Bills 1996+

Corporations Bill 2001
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Financial Sector Legislation Amendment Bill (No. 1) 2000Revised Explanatory Memorandum
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Financial Sector Legislation Amendment Bill (No. 1) 2000
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Financial Sector Legislation Amendment Bill (No. 1) 2000 First Reading
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Financial Sector Legislation Amendment Bill (No. 1) 2000 Third Reading
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. CORPORATIONS ACT 2001 .No. 50, 2001- SECT 1013 Liability for insider trading
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. CORPORATIONS ACT 2001 .No. 50, 2001Division 2A-Insider trading
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35. Score: 0.77 Database: Numbered Acts 1973+

FINANCIAL SECTOR LEGISLATION AMENDMENT ACT (NO. 1) 2000Schedule 3-Superannuation Industry (Supervision) Act 1993
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36. Score: 0.77 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 191 Special powers of Court
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37. Score: 0.77 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - DIVISION 7 Division 7-Special powers of Court to make orders in cases of contravention of the insider trading rules
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38. Score: 0.77 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - DIVISION 6 Division 6-Civil liability for contravention of the insider trading rules-recovery of price differential
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39. Score: 0.77 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - DIVISION 5 Division 5-Civil liability for contravention of the insider trading rules-recovery of loss or damage
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40. Score: 0.77 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - DIVISION 4 Division 4-Offence of contravening the insider trading rules
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SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - DIVISION 3 Division 3-Insider trading rules
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42. Score: 0.77 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - PART 20 PART 20-PUBLIC OFFER ENTITIES-INSIDER TRADING
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43. Score: 0.77 Database: Numbered Acts 1973+

SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 No. 78 of 1993 - SECT 4 Summary of provisions
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CORPORATIONS LEGISLATION AMENDMENT ACT 1991 No. 110 of 1991 - SECT 8 Insider trading
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45. Score: 0.77 Database: Numbered Acts 1973+

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1013 Liability for insider trading
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46. Score: 0.77 Database: Numbered Acts 1973+

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1002 Insider trading
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47. Score: 0.77 Database: Acts - Current Consolidations

. CORPORATIONS ACT 2001 .Division 3-The insider trading prohibitions
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. CORPORATIONS ACT 2001 .Division 2-The prohibited conduct (other than insider trading prohibitions)[Show FIRST Hit][Display Section][Show TOC][Download]

 

Securities Watchdogs from Other Countries

In case anyone thinks that I am a little hard on the Australian Securities & Investments Commission I have displayed some correspondence from other countries' securities watchdogs.

German securities watchdog - if you can read German!

 

 

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HOME                    conclusions                      

John Pink
 
PO Box 267
 
Mob +61 (0)  415 566 122
 
Corrimal  NSW  2518
 
 
www.BHPstinks.com
Australia
 
Ph     +61 (0) 2 42 85 3155
 
 
-
Donations can be transferred to the following bank account
Financial Institution:
IMB Ltd    (IMB Banking & Financial Services)
Account name:
J E Pink - BHP INVESTIGATION
BSB No:
641800   
Account No:
200295229