The U.S. Securities and Exchange Commission establishes the Interagency Securities Fraud Task Force to combat fraud.

According to reports, the U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Committee (ISC) to enhance coordination among federal, state, and local securities fraud agencies. The ISC aims to improve fraud prevention, share insights on emerging threats, and develop a unified approach to combat financial fraud. Quarterly meetings will be held to discuss trends, frauds, and mitigation strategies. ISC Chairman and SEC Enforcement Division Director Gurbir S. Grewal as well as SEC Investor Advocate Cristina Martin Firvida emphasized the benefits of multi-level cooperation. The ISC is composed of over 100 agencies and serves as a platform for experts and enforcement departments to share information and innovative methods.