SEC and 100 agencies form committee to combat securities fraud

Odaily News 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 combating financial fraud. Quarterly meetings will discuss trends, scams, and mitigation strategies. ISC Chairman and SEC Enforcement Director Gurbir S. Grewal and SEC Investor Advocate Cristina Martin Firvida emphasized the benefits of multi-level collaboration. The ISC includes more than 100 agencies and provides a platform for experts and law enforcement to share information and innovative approaches.