The Charlotte Observer released information of note last Friday to those interested in issues of white collar crime. The Securities and Exchange Commission has partnered with the U.S. Attorney's office for the Western District of North Carolina, North Carolina's Attorney General's office, the FBI, the North Carolina Secretary of State's securities division, the Internal Revenue Service's criminal division, Mecklenburg County's District Attorney's office and the U.S. Postal Inspection Service to form a task force based in Charlotte to fight against various forms of securities fraud. The reasoning behind placing the task force in Charlotte is partially due to the fact that the city happens to be home to multiple Fortune 500 companies, making it the second largest center for banking in the country. This new task force intends to focus its' efforts on seeking out instances of financial crime such as accounting fraud and insider trading.