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34 U.S.C. § 41501Financial institutions fraud task forces

submitted 36 years ago by Pub. L. 101-647 to r/title-34-CRIME-CONTROL-AND-LAW-ENFORCEMENT · 234 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) Establishment

The Attorney General shall establish such financial institutions fraud task forces as the Attorney General deems appropriate to ensure that adequate resources are made available to investigate and prosecute crimes in or against financial institutions and to recover the proceeds of unlawful activities from persons who have committed fraud or have engaged in other criminal activity in or against the financial services industry.

(b) Supervision

The Attorney General shall determine how each task force shall be supervised and may provide for the supervision of any task force by the Special Counsel.

(c) Senior interagency group
(1) Establishment

The Attorney General shall establish a senior interagency group to assist in identifying the most significant financial institution fraud cases and in allocating investigative and prosecutorial resources where they are most needed.

(2) Membership

The senior interagency group shall be chaired by the Special Counsel and shall include senior officials from—

(A)

the Department of Justice, including representatives of the Federal Bureau of Investigation, the Advisory Committee of United States Attorneys, and other relevant entities;

(B)

the Department of the Treasury;

(C)

the Federal Deposit Insurance Corporation;

(D)

the Office of the Comptroller of the Currency;

(E)

the Board of Governors of the Federal Reserve System; and

(F)

the National Credit Union Administration.

(3) Duties

This senior interagency group shall enhance interagency coordination and assist in accelerating the investigations and prosecution of financial institutions fraud.

Source credit: (Pub. L. 101–647, title XXV, § 2539, Nov. 29, 1990, 104 Stat. 4884; Pub. L. 111–203, title III, § 359(1), July 21, 2010, 124 Stat. 1548.)

history & why it existsrecord from the source credit
  • 1990Enacted · Pub. L. 101-647 · 104 Stat. 4884
  • 2010Amended · Pub. L. 111-203 · 124 Stat. 1548

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-647 on 1990-11-29.

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