New York County District Attorney Cyrus Vance Jr. has established a White Collar Crime Task Force, made up of prominent prosecutors, former prosecutors, defense attorneys, and academics to help forge stronger anti-corruption and anti-fraud laws in New York. As Mr. Vance said, "New York is the financial capital of the country, and we have a responsibility to make sure that state prosecutors in New York have the tools they need to combat white-collar crime in the 21st century." The 26-member task force hopes to revamp New York State's "1970s-era tools" to better combat "21st-century crime."