SEC Cross-Border Task Force Briefing: What the new U.S. enforcement posture means for Portuguese firms

Wednesday, January 28, 2026 at 16h LIS

Location to be confirmed after registration

In September 2025, the U.S. Securities and Exchange Commission announced the formation of a dedicated Cross-Border Task Force within its Division of Enforcement. The Task Force is charged with strengthening investigations involving foreign firms, intermediaries, and gatekeepers that have a connection to U.S. capital markets.

This briefing provides a focused, enforcement-oriented overview for Portuguese professionals of what this announcement means in practice, including which entities and activities are now within scope and where enforcement risk is most likely to arise.

Who Should Attend

  • Portuguese law firms and professional advisors with U.S. client exposure

  • Investment advisors, asset managers, and fund sponsors

  • Corporate service providers and other professional gatekeepers

Topics Covered

  • The mandate and scope of the SEC’s Cross-Border Task Force

  • The SEC’s current enforcement focus with respect to:

    • Foreign-based companies with U.S. investors

    • Market manipulation and disclosure-related violations

    • Auditors, underwriters, placement agents, and investment advisors

  • Areas where Portuguese firms face the greatest practical exposure

  • Early enforcement signals and anticipated developments

The SEC has been explicit that jurisdictional boundaries will not serve as a barrier to enforcement. Firms that previously viewed U.S. securities enforcement risk as indirect or remote should reassess that position.

The Cross-Border Task Force consolidates investigative authority and resources in a manner that significantly increases the likelihood of coordinated enforcement actions, particularly against non-U.S. firms that function as facilitators, advisors, or credibility providers in cross-border structures.

Advance registration required.
Space is limited to keep the session practical and discussion-driven.

For background, see the SEC press release announcing the Cross-Border Task Force (September 5, 2025).