Establishment of the Financial Fraud Enforcement Task Force, 60123-60125 [E9-28022]

Download as PDF 60123 Presidential Documents Federal Register Vol. 74, No. 222 Thursday, November 19, 2009 Title 3— Executive Order 13519 of November 17, 2009 The President Establishment of the Financial Fraud Enforcement Task Force By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to strengthen the efforts of the Department of Justice, in conjunction with Federal, State, tribal, territorial, and local agencies, to investigate and prosecute significant financial crimes and other violations relating to the current financial crisis and economic recovery efforts, recover the proceeds of such crimes and violations, and ensure just and effective punishment of those who perpetrate financial crimes and violations, it is hereby ordered as follows: Section 1. Establishment. There is hereby established an interagency Financial Fraud Enforcement Task Force (Task Force) led by the Department of Justice. Sec. 2. Membership and Operation. The Task Force shall be chaired by the Attorney General and consist of senior-level officials from the following departments, agencies, and offices, selected by the heads of the respective departments, agencies, and offices in consultation with the Attorney General: (a) the Department of Justice; (b) the Department of the Treasury; (c) the Department of Commerce; (d) the Department of Labor; (e) the Department of Housing and Urban Development; (f) the Department of Education; (g) the Department of Homeland Security; (h) the Securities and Exchange Commission; (i) the Commodity Futures Trading Commission; (j) the Federal Trade Commission; (k) the Federal Deposit Insurance Corporation; (l) the Board of Governors of the Federal Reserve System; (m) the Federal Housing Finance Agency; (n) the Office of Thrift Supervision; (o) the Office of the Comptroller of the Currency; (p) the Small Business Administration; (q) the Federal Bureau of Investigation; erowe on DSK5CLS3C1PROD with MISCELLANEOUS (r) the Social Security Administration; (s) the Internal Revenue Service, Criminal Investigations; (t) the Financial Crimes Enforcement Network; (u) the United States Postal Inspection Service; (v) the United States Secret Service; (w) the United States Immigration and Customs Enforcement; (x) relevant Offices of Inspectors General and related Federal entities, including without limitation the Office of the Inspector General for the VerDate Nov<24>2008 12:15 Nov 18, 2009 Jkt 220001 PO 00000 Frm 00003 Fmt 4705 Sfmt 4790 E:\FR\FM\19NOE0.SGM 19NOE0 60124 Federal Register / Vol. 74, No. 222 / Thursday, November 19, 2009 / Presidential Documents Department of Housing and Urban Development, the Recovery Accountability and Transparency Board, and the Office of the Special Inspector General for the Troubled Asset Relief Program; and (y) such other executive branch departments, agencies, or offices as the President may, from time to time, designate or that the Attorney General may invite. The Attorney General shall convene and, through the Deputy Attorney General, direct the work of the Task Force in fulfilling all its functions under this order. The Attorney General shall convene the first meeting of the Task Force within 30 days of the date of this order and shall thereafter convene the Task Force at such times as he deems appropriate. At the direction of the Attorney General, the Task Force may establish subgroups consisting exclusively of Task Force members or their designees under this section, including but not limited to a Steering Committee chaired by the Deputy Attorney General, and subcommittees addressing enforcement efforts, training and information sharing, and victims’ rights, as the Attorney General deems appropriate. Sec. 3. Mission and Functions. Consistent with the authorities assigned to the Attorney General by law, and other applicable law, the Task Force shall: (a) provide advice to the Attorney General for the investigation and prosecution of cases of bank, mortgage, loan, and lending fraud; securities and commodities fraud; retirement plan fraud; mail and wire fraud; tax crimes; money laundering; False Claims Act violations; unfair competition; discrimination; and other financial crimes and violations (hereinafter financial crimes and violations), when such cases are determined by the Attorney General, for purposes of this order, to be significant; (b) make recommendations to the Attorney General, from time to time, for action to enhance cooperation among Federal, State, local, tribal, and territorial authorities responsible for the investigation and prosecution of significant financial crimes and violations; and (c) coordinate law enforcement operations with representatives of State, local, tribal, and territorial law enforcement. Sec. 4. Coordination with State, Local, Tribal, and Territorial Law Enforcement. Consistent with the objectives set out in this order, and to the extent permitted by law, the Attorney General is encouraged to invite the following representatives of State, local, tribal, and territorial law enforcement to participate in the Task Force’s subcommittee addressing enforcement efforts in the subcommittee’s performance of the functions set forth in section 3(c) of this order relating to the coordination of Federal, State, local, tribal, and territorial law enforcement operations involving financial crimes and violations: (a) the National Association of Attorneys General; erowe on DSK5CLS3C1PROD with MISCELLANEOUS (b) the National District Attorneys Association; and (c) such other representatives of State, local, tribal, and territorial law enforcement as the Attorney General deems appropriate. Sec. 5. Outreach. Consistent with the law enforcement objectives set out in this order, the Task Force, in accordance with applicable law, in addition to regular meetings, shall conduct outreach with representatives of financial institutions, corporate entities, nonprofit organizations, State, local, tribal, and territorial governments and agencies, and other interested persons to foster greater coordination and participation in the detection and prosecution of financial fraud and financial crimes, and in the enforcement of antitrust and antidiscrimination laws. Sec. 6. Administration. The Department of Justice, to the extent permitted by law and subject to the availability of appropriations, shall provide administrative support and funding for the Task Force. VerDate Nov<24>2008 12:15 Nov 18, 2009 Jkt 220001 PO 00000 Frm 00004 Fmt 4705 Sfmt 4790 E:\FR\FM\19NOE0.SGM 19NOE0 Federal Register / Vol. 74, No. 222 / Thursday, November 19, 2009 / Presidential Documents 60125 Sec. 7. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect: (i) authority granted by law to an executive department, agency, or the head thereof, or the status of that department or agency within the Federal Government; or (ii) functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals. (b) This Task Force shall replace, and continue the work of, the Corporate Fraud Task Force created by Executive Order 13271 of July 9, 2002. Executive Order 13271 is hereby terminated pursuant to section 6 of that order. (c) This order shall be implemented consistent with applicable law and subject to the availability of appropriations. (d) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person. Sec. 8. Termination. The Task Force shall terminate when directed by the President or, with the approval of the President, by the Attorney General. THE WHITE HOUSE, November 17, 2009. [FR Doc. E9–28022 Filed 11–18–09; 11:15 am] VerDate Nov<24>2008 17:45 Nov 18, 2009 Jkt 220001 PO 00000 Frm 00005 Fmt 4705 Sfmt 4790 E:\FR\FM\19NOE0.SGM 19NOE0 OB#1.EPS</GPH> erowe on DSK5CLS3C1PROD with MISCELLANEOUS Billing code 3195–W0–P

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[Federal Register Volume 74, Number 222 (Thursday, November 19, 2009)]
[Presidential Documents]
[Pages 60123-60125]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-28022]



[[Page 60121]]

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Part III





The President





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Executive Order 13519--Establishment of the Financial Fraud Enforcement 
Task Force


                        Presidential Documents 



Federal Register / Vol. 74, No. 222 / Thursday, November 19, 2009 / 
Presidential Documents

___________________________________________________________________

Title 3--
The President

[[Page 60123]]

                Executive Order 13519 of November 17, 2009

                
Establishment of the Financial Fraud Enforcement 
                Task Force

                By the authority vested in me as President by the 
                Constitution and the laws of the United States of 
                America, and in order to strengthen the efforts of the 
                Department of Justice, in conjunction with Federal, 
                State, tribal, territorial, and local agencies, to 
                investigate and prosecute significant financial crimes 
                and other violations relating to the current financial 
                crisis and economic recovery efforts, recover the 
                proceeds of such crimes and violations, and ensure just 
                and effective punishment of those who perpetrate 
                financial crimes and violations, it is hereby ordered 
                as follows:

                Section 1. Establishment. There is hereby established 
                an interagency Financial Fraud Enforcement Task Force 
                (Task Force) led by the Department of Justice.

                Sec. 2. Membership and Operation. The Task Force shall 
                be chaired by the Attorney General and consist of 
                senior-level officials from the following departments, 
                agencies, and offices, selected by the heads of the 
                respective departments, agencies, and offices in 
                consultation with the Attorney General:

(a) the Department of Justice;

(b) the Department of the Treasury;

(c) the Department of Commerce;

(d) the Department of Labor;

(e) the Department of Housing and Urban Development;

(f) the Department of Education;

(g) the Department of Homeland Security;

(h) the Securities and Exchange Commission;

(i) the Commodity Futures Trading Commission;

(j) the Federal Trade Commission;

(k) the Federal Deposit Insurance Corporation;

(l) the Board of Governors of the Federal Reserve System;

(m) the Federal Housing Finance Agency;

(n) the Office of Thrift Supervision;

(o) the Office of the Comptroller of the Currency;

(p) the Small Business Administration;

(q) the Federal Bureau of Investigation;

(r) the Social Security Administration;

(s) the Internal Revenue Service, Criminal Investigations;

(t) the Financial Crimes Enforcement Network;

(u) the United States Postal Inspection Service;

(v) the United States Secret Service;

(w) the United States Immigration and Customs Enforcement;

(x) relevant Offices of Inspectors General and related Federal entities, 
including without limitation the Office of the Inspector General for the

[[Page 60124]]

Department of Housing and Urban Development, the Recovery Accountability 
and Transparency Board, and the Office of the Special Inspector General for 
the Troubled Asset Relief Program; and

(y) such other executive branch departments, agencies, or offices as the 
President may, from time to time, designate or that the Attorney General 
may invite.

                The Attorney General shall convene and, through the 
                Deputy Attorney General, direct the work of the Task 
                Force in fulfilling all its functions under this order. 
                The Attorney General shall convene the first meeting of 
                the Task Force within 30 days of the date of this order 
                and shall thereafter convene the Task Force at such 
                times as he deems appropriate. At the direction of the 
                Attorney General, the Task Force may establish 
                subgroups consisting exclusively of Task Force members 
                or their designees under this section, including but 
                not limited to a Steering Committee chaired by the 
                Deputy Attorney General, and subcommittees addressing 
                enforcement efforts, training and information sharing, 
                and victims' rights, as the Attorney General deems 
                appropriate.

                Sec. 3. Mission and Functions. Consistent with the 
                authorities assigned to the Attorney General by law, 
                and other applicable law, the Task Force shall:

(a) provide advice to the Attorney General for the investigation and 
prosecution of cases of bank, mortgage, loan, and lending fraud; securities 
and commodities fraud; retirement plan fraud; mail and wire fraud; tax 
crimes; money laundering; False Claims Act violations; unfair competition; 
discrimination; and other financial crimes and violations (hereinafter 
financial crimes and violations), when such cases are determined by the 
Attorney General, for purposes of this order, to be significant;

(b) make recommendations to the Attorney General, from time to time, for 
action to enhance cooperation among Federal, State, local, tribal, and 
territorial authorities responsible for the investigation and prosecution 
of significant financial crimes and violations; and

(c) coordinate law enforcement operations with representatives of State, 
local, tribal, and territorial law enforcement.

                Sec. 4. Coordination with State, Local, Tribal, and 
                Territorial Law Enforcement. Consistent with the 
                objectives set out in this order, and to the extent 
                permitted by law, the Attorney General is encouraged to 
                invite the following representatives of State, local, 
                tribal, and territorial law enforcement to participate 
                in the Task Force's subcommittee addressing enforcement 
                efforts in the subcommittee's performance of the 
                functions set forth in section 3(c) of this order 
                relating to the coordination of Federal, State, local, 
                tribal, and territorial law enforcement operations 
                involving financial crimes and violations:

(a) the National Association of Attorneys General;

(b) the National District Attorneys Association; and

(c) such other representatives of State, local, tribal, and territorial law 
enforcement as the Attorney General deems appropriate.

                Sec. 5. Outreach. Consistent with the law enforcement 
                objectives set out in this order, the Task Force, in 
                accordance with applicable law, in addition to regular 
                meetings, shall conduct outreach with representatives 
                of financial institutions, corporate entities, 
                nonprofit organizations, State, local, tribal, and 
                territorial governments and agencies, and other 
                interested persons to foster greater coordination and 
                participation in the detection and prosecution of 
                financial fraud and financial crimes, and in the 
                enforcement of antitrust and antidiscrimination laws.

                Sec. 6. Administration. The Department of Justice, to 
                the extent permitted by law and subject to the 
                availability of appropriations, shall provide 
                administrative support and funding for the Task Force.

[[Page 60125]]

                Sec. 7. General Provisions. (a) Nothing in this order 
                shall be construed to impair or otherwise affect:

(i) authority granted by law to an executive department, agency, or the 
head thereof, or the status of that department or agency within the Federal 
Government; or

(ii) functions of the Director of the Office of Management and Budget 
relating to budgetary, administrative, or legislative proposals.

(b) This Task Force shall replace, and continue the work of, the Corporate 
Fraud Task Force created by Executive Order 13271 of July 9, 2002. 
Executive Order 13271 is hereby terminated pursuant to section 6 of that 
order.

(c) This order shall be implemented consistent with applicable law and 
subject to the availability of appropriations.

(d) This order is not intended to, and does not, create any right or 
benefit, substantive or procedural, enforceable at law or in equity by any 
party against the United States, its departments, agencies, or entities, 
its officers, employees, or agents, or any other person.

                Sec. 8. Termination. The Task Force shall terminate 
                when directed by the President or, with the approval of 
                the President, by the Attorney General.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    November 17, 2009.

[FR Doc. E9-28022
Filed 11-18-09; 11:15 am]
Billing code 3195-W0-P