The SEC and other task force members will also coordinate to ensure there is no “piling on”—the imposition of multiple penalties, fines and lawsuits—for the same underlying misconduct, Rosenstein said.
“The goal is to discourage piling on and instead to coordinate with local, state, federal and international partners to achieve a joint result that imposes appropriate punishment without prolonging investigations and unnecessarily spending investigative resources,” the deputy attorney general said.