Using data analytics to combat fraud; many believe you fight fire with fire

Lawyers' Forum

By Corey Martens

Corey Martens is a partner in the Chicago office of KPMG LLP’s U.S. forensic services practice, specializing in client matters involving accounting and financial irregularities. His work includes complex securities litigation specific to allegations of accounting and financial improprieties, accountant's liability litigation, SEC and other regulatory inquiries and investigations, anti-corruption and U.S. Foreign Corrupt Practices Act compliance consulting services. He can be reached at cmmartens@kpmg.com.

Posted September 26, 2016 12:55 PM

Updated September 30, 2016 4:04 PM

In 2014, the total value of shares traded in the U.S. stock markets represented 209.7 percent of the country’s Gross Domestic Product as compared to 196.9 percent in 2013.With high volume and high value trades, it’s no surprise that agencies such as the Securities Exchange Commission are increasing regulation and the focus on fraudulent trading activities in multiple markets.In recent months, the SEC has issued statements on trade reporting in the U.S. Treasury market, adopted additional rules governing …

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