The U.S. Securities & Exchange Commission’s Division of Economic and Risk Analysis published updated statistics and interactive data visualizations covering public and private capital raising, municipal advisors, transfer agents, securities-based swap dealers, and asset-backed and commercial mortgage-backed securities issuance, alongside a new staff report on the financial conditions of security-based swap dealers. The updated data indicate increased activity across several categories in 2025, including 374 initial public offerings raising over USD 70 billion (up from 246 IPOs raising USD 39 billion in 2024) and 34,553 Regulation D offerings raising USD 2.4 trillion (up from 32,554 offerings raising USD 2.1 trillion in 2024). Corporate bond offerings declined in number to 1,694 from 1,795, while proceeds rose to USD 1.25 trillion from USD 1.17 trillion; asset-backed securities issuances increased to 2,320 from 2,032 and commercial mortgage-backed securities issuances to 348 from 302. The security-based swap dealer report presents statistics on selected measures including assets held, cash, financial leverage, profitability, and aggregate positions in security-based swaps, swaps, and mixed swaps.