Peter Chan Featured in The Bond Buyer on SEC Retail Fraud Working Group

Baker McKenzie Partner Peter Chan recently spoke with The Bond Buyer about the US Securities and Exchange Commission’s newly announced Retail Fraud Working Group, which aims to strengthen the agency’s efforts to detect and combat fraud targeting retail investors.

Peter, a former assistant regional director in the SEC’s Chicago Regional Office, noted that the working group may lead to more enforcement activity involving retail fraud in the municipal securities market and beyond, supported by increased leadership focus and resources. He highlighted the group’s emphasis on proactive case generation, data sharing and intelligence gathering, adding that he expects the SEC to bring more cases involving retail investors in the municipal securities space as the agency increases coordination and lead generation around retail investor protection.

Subscribers can read the full article in The Bond Buyer.