The SEC has established a special working group to combat cross-border trading fraud targeting American investors.

On September 7, according to an official announcement, the U.S. Securities and Exchange Commission (SEC) announced the establishment of a cross-border special task force to combat cross-border trading fraud that harms U.S. investors. The initial focus of the cross-border special task force will be to investigate potential violations of U.S. federal securities laws related to foreign companies, including potential market manipulation activities such as "pump and dump". The task force will also focus on "gatekeepers", particularly auditors and underwriters that assist these companies in entering the U.S. capital market. Additionally, the task force will review potential securities law violations related to companies in foreign jurisdictions. SEC Chairman Paul Atkins stated, "We welcome companies from around the world to enter the U.S. capital market, but we will not tolerate any bad actors attempting to exploit international borders to impede and evade U.S. investor protection, whether they are companies or intermediaries. The new special task force will enhance the SEC's investigative efforts and enable the SEC to use all available tools to combat cross-border fraud."