The Treasury Department, the Securities and Exchange Commission, the Department of Housing and Urban Development and Justice Department established a financial fraud task force on Tuesday.

The task force, led by Justice and supported by the other agencies on a steering committee, will investigate and prosecute financial crimes, address discrimination in lending and financial markets and seek to recover proceeds for victims. It will build off of existing efforts to combat mortgage, securities and corporate fraud.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.