On November 10 and 11 the UK Financial Services Authority held its first “anti-boiler room” conference of international regulators and law enforcement agencies. Attended by representatives from 20 countries, the aim of the conference was to encourage a global response to this global problem. Since boiler room fraud operations are typically located in a different jurisdiction than their target investors they can only be dealt with by coordinated information sharing and enforcement among national regulators.

http://www.fsa.gov.uk/pages/Library/Communication/PR/2008/128.shtml