Friday 2 March 2018

Trump administration to crack down on securities, tax fraud

By Lisa Lambert

(Reuters) - Deputy U.S. Attorney General Rod Rosenstein on Friday laid out the Trump administration's approach to fighting financial crime, saying the government will focus more heavily on certain tax violations and that it is cracking down on securities fraud.

"We are using data analytics to more quickly identify, investigate and prosecute manipulation of the securities markets, and other forms of fraud that threaten the integrity of America’s financial system," Rosenstein said at a conference on white-collar crime in San Diego.

He added the Justice Department is working with the top U.S. markets regulators to aggressively prosecute manipulation and trading schemes.


Source : Yahoo

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