The regulator has signed memoranda of understanding with the Cayman Islands Monetary Authority and the European Securities and Markets Authority which will allow enhanced sharing of information about registered entities such as investment advisors, investment fund managers, broker-dealers, and credit rating agencies.

The MOUs also make it easier for the SEC and its counterparts to conduct on-site examinations of registered entities located abroad.

“Supervisory cooperation arrangements help the SEC build closer relationships with its counterparts to cooperate and consult on each other’s oversight activities in ways that may help prevent fraud in the long term or lessen the chances of future financial crises,” said Ethiopis Tafara, director of the SEC’s office of international affairs.