The Corporate Fraud Task Force was a United States Federal Government-wide task force formed by President George W. Bush in the wake of corporate accounting scandals that shook investor confidence. Task Force establishment occurred through delegated legislation with the issuance of Executive Order 13271 of July 9, 2002, ‘‘Establishment of the Corporate Fraud Task Force’’.
President Bush had remarked in the address announcing the creation of CFTF that...
According to CNN at the time:
The following Department officials were standing members of the President's Corporate Fraud Task Force:
Director of the Federal Bureau of InvestigationAssistant Attorney General Criminal DivisionAssistant Attorney General Tax DivisionUnited States Attorney for the Central District of CaliforniaUnited States Attorney for the Northern District of CaliforniaUnited States Attorney for the Northern District of IllinoisUnited States Attorney for the Eastern District of New YorkUnited States Attorney for the Southern District of New YorkUnited States Attorney for the Eastern District of PennsylvaniaUnited States Attorney for the Southern District of TexasThe following agency officials made up the membership in the interagency group also within the President's Corporate Fraud Task Force:
The Secretary of LaborThe Department of Housing and Urban DevelopmentThe Secretary of the TreasuryThe Comptroller of the CurrencyThe Director of Office of Thrift SupervisionThe Special Inspector General for the Troubled Asset Relief Program (TARP)The Chairman of the Commodities Futures Trading CommissionThe Chairman of the Federal Communications CommissionThe Chairman of the Federal Energy Regulatory CommissionThe Chairman of the Securities and Exchange CommissionThe Chairman of the Federal Reserve BoardThe Chief Inspector of the United States Postal Inspection ServiceThe Director of the Federal Housing Finance AgencyThe Corporate Fraud Task Force was terminated on November 17, 2009 by President Barack Obama with the issuance of Executive Order 13519, entitled ‘‘Establishment of the Financial Fraud Enforcement Task Force’’.
