The U.S. Securities and Exchange Commission Establishes an Interagency Securities Committee to Combat Securities Fraud
Publication Time:2024-07-22 10:52:13
The U.S. Securities and Exchange Commission (SEC) recently established the Interagency Securities Committee (ISC) to enhance collaborative efforts among federal, state, and local entities in combating securities fraud cases. The primary goal of this committee is to improve fraud prevention strategies, collectively assess emerging threats, and establish uniform approaches to combat financial fraud. Quarterly meetings among ISC members will concentrate on analyzing current trends, scam methodologies, and appropriate countermeasures. Chair Gurbir S. Grewal of the SEC's Enforcement Department, alongside investor advocate Cristina Martin Firvida, underscored the advantages of inter-agency cooperation. Serving as a collective of over 100 organizations, the ISC facilitates information exchange and innovation among experts and enforcement agencies.
U.S. Securities and Exchange Commission
financial fraud
securities fraud
Coordination
Interagency Securities Committee
Fraud Prevention