MILAN (Reuters) – The U.S. Securities and Exchange Commission (SEC) and Italy’s market watchdog CONSOB have signed a memorandum of understanding to better cooperate in supervising financial services companies operating in the two countries.
The SEC and Consob said in a joint statement on Tuesday the accord simplified cross-border investigations and strengthened their ability to coordinate and share supervisory information.
(Reporting by Gianluca Semeraro; editing by Valentina Za)
