7-9-2025 – The U.S. Securities and Exchange Commission has launched a dedicated task force to investigate cross-border trading fraud impacting American investors, with an initial emphasis on foreign entities potentially violating federal securities laws.
This initiative will scrutinize activities like market manipulation, including pump-and-dump schemes often seen in volatile sectors such as cryptocurrencies. The task force will also examine the roles of gatekeepers, such as auditors and underwriters, who facilitate these companies’ access to U.S. markets. Violations linked to overseas jurisdictions will be a key focus, aiming to protect investors from exploitation across borders.
SEC Chairman Paul Atkins emphasized the agency’s commitment, stating that while international companies are encouraged to participate in U.S. markets, fraudulent actors and intermediaries will face rigorous enforcement. The move comes amid rising concerns over global scams in digital assets and traditional securities.
