United States Attorney General Loretta E. Lynch is the Chair of the Financial Fraud Enforcement Task Force. Deputy Attorney General Sally Quillian Yates is the Chair of the Task Force's Steering Committee

The Steering Committee has three Subcommittees:

The Victims' Rights Subcommittee was formed to address the needs and rights of victims of financial fraud and is co-chaired by the Director of the Executive Office of U.S. Attorneys and the Assistant Attorney General for the Office of Justice Programs.

The Intelligence and Resources Subcommittee is a group of senior level Department of Justice representatives focused on identifying and targeting significant financial fraud threats as they develop and ensuring that these matters have the resources they need to be effectively pursued.

The Enforcement Subcommittee is led by the Attorney General’s Advisory Committee and the Assistant Attorneys General for the Criminal Division, the Civil Division, the Antitrust Division, and the Civil Rights Division.  Through subject matter specific working groups, the Enforcement Subcommittee advances collaborative, interagency enforcement in priority areas of financial fraud. The FFETF's working groups are:

The Financial Institution Fraud Working Group, co-chaired by the Assistant Attorney General for the Criminal Division, the Assistant Attorney General for the Civil Division, the Special Inspector General for the Troubled Asset Relief Program, and the Treasury Department's Office of Financial Stability. 

The Grant Fraud Working Group, led by the Inspector General for the Department of Justice, with participation from Offices of Inspectors General across the government.  For more information click here.

The Loan Fraud and Discrimination Working Group, co-chaired by the United States Attorney for the Northern District of Alabama, the Assistant Attorney General for the Civil Division, the Assistant Attorney General for the Civil Rights Division, the FBI Financial Crimes Section and the Inspector General for the Department of Housing and Urban Development.  This Working Group was formed by merging the Mortgage Fraud Working Group with the Non-Discrimination Working Group and expanding its focus to include all types of lending fraud and discrimination. 

The Residential Mortgage-Backed Securities Working Group, co-chaired by the United States Attorney for the District of Colorado, the Assistant Attorney General for the Criminal Division, the Assistant Attorney General for the Civil Division, the Director of Enforcement for the Securities and Exchange Commission, and the New York State Attorney General. 

The Securities and Commodities Fraud Working Group, co-chaired by the United States Attorney for the Northern District of Illinois, the Assistant Attorney General for the Criminal Division, the Director of Enforcement for the Securities and Exchange Commission, and the Director of Enforcement for the Commodity Futures Trading Commission. 

Return to Top