"In response to the President's March directives, we already have undertaken an unprecedented number of significant and broad-ranging initiatives to correct long-festering flaws in the current system. We are committed to forceful, aggressive, creative, and prudent efforts to revitalize and improve our system. We are proud to let our actions speak for us.
"The SEC is proud and eager to participate in the interagency Corporate Fraud Task Force the President has ordered, along with the Justice and Treasury Departments, as well as the CFTC, FERC, and FCC. We will make our accounting expertise and investigative resources available as requested, and we know that this task force will enhance our own investigations and enforcement actions."