Statement Summary
The SEC’s Division of Economic and Risk Analysis (DERA) has released new reports detailing trends in broker-dealers, mergers and acquisitions (M&A), and business development companies (BDCs). These reports aim to inform the public about market changes over time, enhancing understanding of market dynamics. Acting Chief Economist Robert Fisher emphasized the importance of this data for market comprehension. The reports allow for public analysis of the data filed with the SEC, underscoring DERA’s role in integrating economic research into the SEC’s mission to address market issues and innovations.
Original Statement
The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) has published new reports and data on broker-dealers, mergers and acquisitions (M&A), and business development companies (BDCs). Today’s reports provide the public with information about the changes in broker-dealer and M&A activity over time. In addition, the BDC data allow the public to conduct its own analysis of data filed with the Commission.
“It is important to understand the current status of markets and how they have been changing,” said Robert Fisher, Acting Chief Economist and Director of the SEC’s Division of Economic and Risk Analysis. “Providing such information helps all of us to understand how the markets are functioning.”
The three reports and data issued today are: DERA integrates financial economics and rigorous data analytics into the SEC’s core mission. It conducts detailed, high-quality economic and statistical analyses to advise on Commission matters and helps identify and respond to issues, trends, and innovations in the marketplace.
