TheCorporateCounsel.net

On Friday, the SEC announced the creation of the Interagency Securities Council. The Council includes representatives from more than 100 departments and agencies at the federal, state and local levels.

The Council’s purpose is to ensure that law enforcement and regulatory agencies at all levels of government are working together to combat financial fraud and provide a means to share information with law enforcement officials who don’t frequently deal with securities law violations. During quarterly meetings, members will “participate in discussions with experts on emerging threats, hear from investigators conducting and supervising investigations, and explore case study examples of agencies employing innovative approaches to combat financial fraud.”

– Meredith Ervine