WASHINGTON, Sept 5 (Reuters) - The Security and Exchange
Commission said on Friday it will form a task force to fight
cross-border fraud that hurts U.S. investors.
"The Cross-Border Task Force will focus initially on
investigating potential U.S. federal securities law violations
related to foreign-based companies, including potential market
manipulation, such as 'pump-and-dump' and 'ramp-and-dump'
schemes," the SEC said in a statement.