The Securities and Exchange Commission (SEC) issued an analysis of the key market areas of public issuers.
The analysis focuses on the areas of exempt offerings, Commercial Mortgage-Backed Securities (CMBS), Asset-Backed Securities (ABS), money market funds, and security-based swap dealers (SBSD). The effort seeks to increase transparency and raise the level of understanding of capital markets amongst the public.
“These reports reflect important information that is valuable to investors, other market participants, and academics,” Robert Fisher, acting chief economist and director of the SEC’s Division of Economic and Risk Analysis (DERA), said. “Understanding these markets is critical because Americans rely on them to fund their retirements, educations, and other priorities.”
DERA has issued the following reports:
• Counts of Reporting Issuers Subject to the Securities Act of 1933 and the Securities Exchange Act of 1934 and Public Firms in 2023;
• Market Statistics of Exempt Offerings under Regulations A, D, and Crowdfunding;
• Issuance and Credit Rating Activity in the CMBS Market;
• Asset-Backed Securities Markets: Issuance and Structure;
• Influences on Money Market Fund Price Variations During the March 2020 Market Dislocation; and
• Security-Based Swap Dealer Statistics.
DERA integrates financial economics and data analytics into the SEC’s core mission. It conducts detailed economic and statistical analyses to advise the SEC on matters and helps identify and respond to issues, trends, and innovations in the marketplace.