Bug: iterative quantize in Quantize panel

Cubase
1

If I press “Quantize” in quantize panel with iQuant is on, audiofile go to start of session, but not to nearest bar/beat
Cubase6
OSX 10.6.6

2

Hmm… that isn’t happening here (Mac OS X 10.6.6 here also). Any more info?

3

Probably this: