Podcasts about issuance

Blue-chip companies, including hyperscalers, may be jeopardizing their credit ratings by piling on debt, according to Principal Asset Management. “We have seen some downgrades, and I would expect that that would continue as borrowing ramps up,” Mike Goosay, the $600 billion manager’s global head of fixed income, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Julie Hung on the latest Credit Edge podcast. “I don’t think that’ll have a behavioral effect on the way that investors look at the market, nor does it — to date, anyway — change the borrowing costs of those corporates,” he adds. They also discuss the artificial-intelligence funding frenzy, why junk bonds are attractive despite macroeconomic risks and how global government-bond volatility affects demand for credit.See omnystudio.com/listener for privacy information.

Japanese Prime Minister Sanae Takaichi said Wednesday that the country would not need to issue a large amount of Japanese government bonds to finance an envisaged supplementary budget for fiscal 2026.

Most RWA projects bolt onto Ethereum or Solana. Real Finance didn't — they built their own chain. VP of Ecosystem Growth Brandon Kazakoff joins Alex Richardson at Paris Blockchain Week 2026 to explain why, in his view, real-world assets aren't just another token category. Issuance, risk classification, insurance logic, and governance all need to live at the protocol layer, not on top of it.We cover:- Why Real Finance built its own Layer 1 instead of deploying on Ethereum or Solana- What RWA protocols actually need that general-purpose chains can't deliver- How issuance, risk classification, and insurance logic work on-chain- Why 2026 is the year RWAs shift from theory to structured financial products- What institutional interest in RWAs actually looks like right nowFilmed at Paris Blockchain Week 2026.Host: Alex Richardson

Miriam Patterson, Senior Director, Market Practice and Regulatory Policy, explores how Euroclear and Clearstream (the International Central Securities Depositories, or ICSDs) have introduced the option for issuers to issue their debt securities in dematerialised form from 16 March 2026.

Send us Fan Mail◆ Dazzling feats of issuance in public sector bond market but signs of wariness persist ◆ How banks have derisked May issuance ◆ Corporate bond investors stick aroundSo many bond issuance records tumbled in a busy week in the primary market that to some it felt like we were back in January. That is typically the busiest month of the year and the 2026 edition was particularly successful for issuers. But scratch beneath the surface and it was clear that issuers were having to be quite cautious about how they approached investors.This week, we discuss the tactics public sector issuers are using that are driving investors into their deals and those they are not deploying, at least just yet. We also look at how banks have brought forward issuance, pricing some spectacular deals by doing so, to take advantage of improved investor sentiment resulting from the Iran war ceasefire. We debate what this means for the rest of the spring for banks issuing in the primary market.Finally, we looked at the European corporate bond market where issuers also took full advantage of the sentiment boost, allowing us to examine the way different companies are approaching investors and what makes for a successul new issue.Now read on:SSA orderbooks bulge like it's January but sensitivity and ‘insecurity' remainSSA issuers that can offer clarity will thrive in uncertaintySurging demand for euro FIG credit eases pressure for clashes in MayWaterfall of sticky investors cascades into euro IG corporate bond market

In today's episode, we go through some good news on this Good Friday. Plus, Robbie sits down with Birchwood Credit Services' Samantha Markwood for a discussion on brand strategy for mortgage companies in the age of AI and what marketing tactics actually come across as authentic. And we close by looking at what Agency MBS issuance did over the past month.Thank you to RelCu. RelCu is the all-in-one agentic platform driving conversion, retention, and cross-sell across mortgage and deposits.The Chrisman Commentary is your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.

Our Global Head of Fixed Income Andrew Sheets and Head of U.S. Credit Strategy Vishwas Patkar discuss what's driving record debt issuance and growing worries about private credit.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Fixed Income Research at Morgan Stanley.Vishwas Patkar: And I'm Vishwas Patkar, Head of U.S. Credit Strategy at Morgan Stanley.Andrew Sheets: And today on the program, we're going to talk about two of the biggest questions facing global credit markets. A rush of issuance and questions around private credit.It's Friday, March 27th at 2pm in London.Vishwas, it's great to have you in town, talking over what I think are two of the biggest questions that are hanging over the global credit market. A large wave of issuance and a lot of questions around a segment of that market, often known as private credit.So, let's dig into those in turn. I want to start with issuance. You know, you and your team had a pretty aggressive forecast at the start of the year, for a significant level of supply. How's that going? How is it shaping out? We're now almost through the first quarter…Vishwas Patkar: Yeah. So, we came into the year expecting a record, [$]2.25 trillion of gross issuance in investment grade. That's 25 percent higher than last year. That would mark a record one year number for investment grade. And for the high yield market, we expected about [$]400 billion of issuance; up roughly 30 percent.If I were to mark to market those, the forecast is roughly playing out as expected through mid-March. IG issuance is up about 21 percent. High yield issuance is up about 25 percent. So far at least, it's along the lines of what we'd call for. More importantly though, when I think about the drivers of the issuance, that I think in some ways is a little more validating. Because there were two big components of what was going to drive the issuance.One was AI related issuance from the large hyperscalers, and the second was a decent uptick in M&A. And we've seen both of those. So, year-to-date, we've had north of [$]80 billion of issuance from hyperscalers alone in the dollar market. That's on top of significant non-USD issuance that we've had this year.So, I think this idea of AI CapEx investments and by extension issuance being somewhat agnostic to macro, that seems to be playing out so far.Andrew Sheets: So, let's talk a little bit more about that – because, you know, this is a new development. This kind of is a new regime to have this much supply, sort of, somewhat independent of a very volatile macro backdrop.And you know, maybe if you could talk just a little bit more about what we're learning about the issuers. What do they care about? What is bringing them to market? And then maybe what would cause them to slow down or speed up?Vishwas Patkar: Yeah, I think we've learned a couple of things, right? First is – this issuance is being driven by investments that are not opportunistic, right? They are competitive in nature. Clearly there is an arms race to figure out who will win the AI race.I think a second leg of it is the issuance is somewhat spread agnostic. So, you know, in credit we look at this metric called new issue concessions, which is effectively how much is a company paying in terms of excess funding costs relative to their bonds outstanding. And what we've seen with some of the larger deals is that new issue concessions are well above average.And that's pretty important in the grand scheme of things because, you know, we're talking about one sector that is driving AI infrastructure. But when you have issuance that comes in size, and it comes wide to where existing bonds are, we think that has knock-on effects repricing other companies that are downstream of those names.Andrew Sheets: So, we have a market for issuing corporate debt that's pretty wide open. You know, as you mentioned, very high levels of issuance and supply going through, despite what would've been a lot of concerns. And one of those concerns is the conflict in Iran.But another concern that's been cropping up is a concern around this market often known as private credit where you've seen a lot of focus, a lot of headlines, volatility in some of the managers of private credit. But also, I think this is an area where less is known. And where there's still a lot of confusion about what it is and how it's performing.So, for the second set of questions, Vishwas, maybe we could just start with, you know, when you think about private credit, what is it to you? And how do you break up the market?Vishwas Patkar: Yeah, so I think at a very high level, you can think about private credit as capital that is provided by non-bank lenders. And in some ways – that is not broadly syndicated. So it's different from investment grade bonds or high yield bonds or leverage loans in that respect. You know, the second factor I laid out.You know, private credit overarchingly is a big umbrella term. It includes direct lending to businesses. It includes infrastructure finance, project finance, the private placement market, asset-based finance. So, there are a lot of subcomponents.Now, you know, to your point where the market's a little worried and there is growing anxiety is around the direct lending portion of private credit. That segment of the market has grown substantially over the last decade. It was about [$]500 billion or so 10 years ago. It's about [$]1.3 trillion right now.Andrew Sheets: And this is lending directly to companies?Vishwas Patkar: Yeah. This is lending directly to companies. Leverage typically tends to be higher than what you see in the public market. So, one of the challenges around navigating the risks are, you know, when you get a bunch of negative headlines that isn't necessarily the readily available information to either disprove or validate it.So, I think that's some of the anxiety, which is building among the investor base. Our view is, you know, these risks are significant and investors should be cognizant of what's happening.Andrew Sheets: So maybe just to take a step back a little bit there. Why have investors been more worried about the private credit space?Have we seen particular events? Or is it more, kind of, other factors that you think have driven this increased focus?Vishwas Patkar: Yeah, I think it's been a rolling set of factors. This year the whole story has really been about software and concerns about AI disruption. But before I get into that, I think it was a process that really began, I would say, second half of last year.So, private credit really had its moment in the sun a few years ago where inflows were massive. The public market was choppy while the Fed was hiking rates, and a lot of stressed issuers were choosing to raise capital via direct lenders. And at that time, spreads in the private credit market were also very attractive.What you've seen last year is private credit AUM was effectively flat. The fee income being generated on the loans has come down as the Fed has eased policy and the spread on private credit versus the public market has also narrowed. So, what started off, I think, was more macro. It was driven more by what was happening on the policy front…Andrew Sheets: More yield compression. Less yield for investors, which caused them to be just a little bit less attracted to the space…Vishwas Patkar: Absolutely, yeah. And I think that was largely the driver of, you know, the correction in some of these asset manager stocks to begin with. Then you had some of the headlines around specific single name headlines. Double pledging of collateral, some accounting malpractices, which, you know, I think we can say with the benefit of hindsight, those were idiosyncratic. Those were one offs. But again, you know, doesn't make for a positive headline when you get news flow to that effect.And then this year, as I said, it's really been about concerns around the software sector…Andrew Sheets: Which is a very big part of the private credit market.Vishwas Patkar: It is a very big part of the private credit market. It made up for almost a third of all LBOs that were originated between 2018 through 2022. And in fact, really if you look at 2021, when interest rates were very low, a lot of the outstanding software loans were originated in those really weak vintages.And so, you know, I think AI disruption has maybe been the catalyst to drive some of this price action. But that's on top of software, where a lot of loans were originated with high leverage. But now that, you know, you have a very disruptive force around margins, potentially looming, the concern has now shifted towards what do balance sheets look like. And the software sector is very levered. In the bank loan market, for example, more than 50 percent of software loans outstanding are rated B- or lower.And one extension of that is that, you know, you have a non-trivial amount of debt that is maturing in the next few years. So, through 2028, we see about [$]65 billion of software loans maturing largely in that lower quality cohort.So, you know, even before we get clarity around how AI will diffuse and disrupt or will not disrupt these names, the issue is really refinancing. In this period of uncertainty, will all these software loans over the next 12 to 18 months – will they have the capital to term out their maturities?Andrew Sheets: So, Vishwas, maybe just in closing, as you're going around and talking to credit investors at the moment, what do you think are the two or three biggest, kind of, high level takeaways and views that you're trying to get across?Vishwas Patkar: A few things I would say. So, specifically on private credit, we are saying that, you know, I think we are in for a period where returns might be subpar. It is possible that private credit sees AUM growth that is sluggish, maybe even down year-over-year this year. But we would not conflate that with something that's systemic. And I think it's very important to lay that out. But importantly, some of the linkages to the banking system are through, you know, leverage that is significantly lower in this cycle than what we've seen in the past, say prior to the GFC. So that's one.Second, I continue to think that the aspect of issuance being very high and somewhat agnostic to macro conditions, that's been validated so far. And when I look at what credit markets are priced for, in aggregate, we think valuations are still too tight. And that's not withstanding everything that's going on in the Middle East.You know, we clearly have a commodity price shock to navigate. And that can have a feedback loop via what central banks will do. And the U.S. consumer. But I would say just the convexity of credit is very weak. If, let's say, we get a…Andrew Sheets: Limited upside versus relative to more downside…Vishwas Patkar: Very limited upside. And downside, if we get both a technical and a fundamental – and why it is, is significant.And the third thing I would say is it makes sense to own hedges here. You know, again, hedges can be expensive, can lead to loss of carry. But they can also be a very efficient way to protect yourself. And if you look at this time last year in the lead up to Liberation Day, credit had held up really well for the first, say, five or six weeks of that sell off.But then when it moved, it moved very quickly. And in some ways, you know, if you; if investors were able to protect themselves through that last leg of volatility, that effectively provided a very good entry point to capture the rally that played out thereafter.Andrew Sheets: Vishwas. I think that's a great thing to keep in mind. Thanks for taking the time to talk.Vishwas Patkar: Alright. Thank you for having me, Andrew.Andrew Sheets: And thank you as always for your time. If you find Thoughts on the Market useful, let us know by leaving review wherever you listen. And also tell a friend or colleague about us today.

The U.S. government took two big steps to fix problems with truck drivers who live outside the country. One is a new rule from the Federal Motor Carrier Safety Administration (FMCSA), Restoring Integrity to the Issuance of Non-Domiciled Commercial Drivers Licenses (CDL), which tightens rules on who can hold a commercial driver's license. The other, Delilah's Law, is a new Senate bill that proposes even stricter nationwide changes. The bill is named after Dalilah Coleman who was five years old in June 2024 when she was critically injured in a multi-car pileup in Adelanto, California. The crash was caused by an 18-wheel tractor-trailer driven by Partap Singh, an Indian national who had entered the U.S. illegally in 2022. Both moves come after deadly crashes and widespread state noncompliance, and they could reshape the pool of available drivers for fleets. Here is an article I wrote that was recently published with Freightwaves. This program is brought to you by DAT Freight & Analytics. Since 1978, DAT has helped truckers & brokers discover more available loads. Whether you're heading home or looking for your next adventure, DAT is building the most trusted marketplace in freight. New users of DAT can save 10% off for the first 12 months by following the link below. Built on the latest technology, DAT One gives you control over every aspect of moving freight, so that you can run your business with speed & efficiency.This program is also brought to you by our newest sponsor, GenLogs. GenLogs is setting a new standard of care for freight intelligence. Book your demo for GenLogs today at www.genlogs.io today!

Call to OrderRoll CallApproval of Minutes: November 20, 2025 Approval of AgendaReports of Officials and Committees: Mayor's Report Assembly Committee Reports Treasurer's Report Manager's Report Communications to the Assembly: Correspondence Hear Citizens PresentOrdinances, Resolutions, & Proclamations: Public Hearing, Second Reading, and Adoption of Ordinance No. 26-01: Repealing Ordinance No. 2016-15 Authorizing the Issuance of General Obligation Bonds for a Senior Center and Apartments and Repealing Any Restriction on the Use of Certain Property for a Senior Center and Apartments Introduction and First Reading of Ordinance No. 26-02: Amending the FY26 Budget to Provide Funding for Public Works Shop Improvements and Public Works Consolidation Engineering, and Clinic Ultrasound Introduction and First Reading of Ordinance No. 26-03: Amending SMC 4.04 Management of Funds to Update Spending Authority Limits and Other Fund Management RegulationsPublic Hearing and Adoption of Resolution No. 26-13R: Repealing Resolution No. 09-10R and Adopting Rates for Public Works Equipment and Labor Unfinished Business: Consideration of Liquor License Applications: Alaska 360; New Seasonal Restaurant or Eating Place Tourism License (Application ID 5896) (Motion pending from February 19, 2026 meeting) New BusinessMayor and Assembly Discussion ItemsExecutive SessionAdjournmentPacket

Call to OrderRoll CallApproval of Minutes: November 6, 2025 Approval of AgendaReports of Officials and Committees: Mayor's ReportAssembly Committee Reports Treasurer's Report Manager's Report Communications to the Assembly: Correspondence Hear Citizens PresentOrdinances, Resolutions, & Proclamations: Introduction and First Reading of Ordinance No. 26-01: Repealing Ordinance No. 2016-15 Authorizing the Issuance of General Obligation Bonds for a Senior Center and Apartments and Repealing Any Restriction on the Use of Certain Property for a Senior Center and ApartmentsPublic Hearing and Adoption of Resolution No. 26-10R: Committing and Restricting Matching Funds for a U.S. Department of Transportation BUILD Grant Public Hearing and Adoption of Resolution No. 26-11R: Amending the Municipality of Skagway Classification Review Ranking by Grade, to Add the Position of Accountant at Grade 16 or 17Public Hearing and Adoption of Resolution No. 26-12R: Amending Resolution 22-37R Providing a Policy for Community Funding Grants Unfinished Business: Consideration of Liquor License Renewal Applications: Alaska 360; New Seasonal Restaurant or Eating Place Tourism License #5896 New Business: Approval of Fee Proposal for Port Facilities Inspections Approval of Welcome Garden Concept as Basis for Completing Design Mayor and Assembly Discussion ItemsExecutive SessionAdjournmentPacket

In this episode, I break down the EXACT system that took me from $35K to $100K to $151K in life insurance premium. Issuance reviews. Most agents write a policy and move on to the next thing — and they're leaving SO much on the table. Here's the deal: if they told you yes once, they will tell you yes again. This system gives you another at-bat with every single life insurance customer, it increases your odds of writing more premium, AND it generates referrals without you having to beg for them. I'm walking you through everything — how to pre-sell the review at the initial close, how to actually SELL in the review (not just make an offer), and the simple 3-step referral process that made asking for referrals automatic for me. If you want to double or even triple your life insurance premium in 2025, this is the play. Let's get into it.We have a free training THIS THURSDAY 01/22 on selling more Life Insurance - Here's the link to join us: http://insurancesalespro.org/webinarregistrationQuestions about enrolling your team in our Friday Live Training & Wednesday Live Role Play Calls? Click Here: https://insurancesalespro.org/bookcall-page Subscribe to Colter's FREE insurance sales trainings: Youtube: https://www.youtube.com/channel/UC-35rEOirer-rBo62SAokawApple Podcasts:⁠https://podcasts.apple.com/us/podcast/the-producers-perspective/id1675925320 Spotify: ⁠https://open.spotify.com/show/0EYYJYvouM22DfuAcYjhiK

J.P. Morgan's Global Rates Strategy team discusses the outlook for DM government bond issuance in 2026.   Speakers Jay Barry, Head of Global Rates Strategy Phoebe White, Head of US Inflation Strategy Aditya Chordia, European Rates Strategy Khagendra Gupta, Head of European Interest Rate Derivatives Strategy Takafumi Yamawaki, Head of Japan Fixed Income Research Ben Jarman, Australia and New Zealand Chief Economist   This podcast was recorded on 16  January 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5168334-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party  

Scarce Assets: Alex Pron explains why wealth managers are finally embracing Bitcoin, how Wall Street distribution changes the market, & why long-term conviction matters more than cycles.---

Siebert Williams Shank's Giles Nicholson breaks down the year's biggest trends in the muni market, from tax exemption fears to technological transformation, and what to expect in 2026.

Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we close out the year with hindsight 20/20 vision. Plus, Robbie sits down with former NAMB President A. W. Pickel for a discussion on the resurgence of the broker and lessons from decades in mortgage banking that still remain relevant today. And we close by looking ahead to 2026 for the mortgage industry.

Our Head of Corporate Credit Research Andrew Sheets explains why 2026 might bring a credit cycle that burns hotter before it burns out.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts in the Market. I'm Andrew Sheets, Head of Corporate Credit Research at Morgan Stanley.Today I'm going to talk about our outlook for global credit markets in 2026 and why we think the credit cycle burns hotter before it burns out.It's Friday, December 12th at 2pm in London.Surely it can't go on like this. That phrase is probably coming up a lot as global credit investors sit down and plan for 2026. Credit spreads are sitting at 25 year plus tights in the U.S. and Asia. Issuance in corporate activity are increasingly aggressive. Corporate CapEx is surging. Signs of pressure are clear in the lowest rated parts of the market. And credit investors are trained to worry. Aren't all of these and more signs that a credit cycle is starting to crack under its own weight?Not quite yet, according to our views here at Morgan Stanley. Instead, we think that 2026 brings a credit cycle that burns hotter before it burns out. The reason is partly due to an unusually stimulative backdrop. Central banks are cutting interest rates. Governments are spending more money, and regulatory policy is easing. All of that, alongside maybe the largest investment cycle in a generation around artificial intelligence, should spur more risk taking from a corporate sector that has the capacity to do so.In turn, we think the playbook for credit is going to look a lot like 2005 or 1997-1998. Both periods saw levels of capital expenditure, merger activity, interest rates, and an unemployment rate that are pretty similar to what Morgan Stanley expects next year. And so, looking ahead to 2026, these two periods offer two competing ways to view the year ahead.2025 might be more similar to a period where the low-end consumer really is starting to struggle, but that another force – back then it was China, now it might be AI spending – keeps the broader market humming. 1997 or 1998, on the other hand, would be more similar to a narrative that investors are growing more confident that a new technology is really transformative. Back then, it was the internet and now it's AI.Corporate bond issuance we think will be central to how this resolves itself. This is a strong regional theme and a key driver of our views across U.S., European and Asia Credit. We forecast net issuance to rise significantly in U.S. investment grade up over 60 percent versus 2025 to a total of around $1 trillion.That rise is powered by a continued increase in technology spending to fund AI as well as a broader increase in capital expenditure and merger activity. All of those bonds being sold to the market should mean that U.S. spreads need to move wider to adjust. And that's true, even if underlying demand for credit remains pretty healthy, thanks to high yields, and the economy ultimately holds up.We think this story is a bit better in other areas and regions that have less relative issuance, including European and Asian investment grade and global high yield. They all outperform U.S. investment grade on our forecast. In total returns, we think that all of these markets produce a return of around 4 to 6 percent, and if that's true, it would underperform, say U.S. equities, but outperform cash.More granularly similar to 2025 or 2005, we think that single name and sector dispersion remain major themes. And where you position in maturity should also matter. Credit curves are steep and our U.S. interest rate strategist are expecting the U.S. Treasury curve to steepen significantly Further. That should mean that so-called carry and roll down and where you position on the maturity curve are a pretty big driver of your ultimate result. In our view, corporate bonds between five- and 10-year maturity in both the U.S. and Europe will offer the best risk reward.The most significant risk for global credit remains recession, which we think would argue for wider spreads on both economic rounds, but also through weaker demand as yields would fall. It would mean that our spread forecasts are too optimistic and that our expectation that high yield outperforms investment grade would be wrong. And then there's a milder version of this bear case – that aggression and corporate supply are even stronger than we think, and that creates conditions closer to late 1998 or 1999.Back then, U.S. investment grade spreads were roughly 30 basis points wider than current levels, even though the economy was strong and even though the equity market kept going up.Thank you as always for your time. If you find Thoughts of the Market useful, let us know by leaving a review wherever you listen. And also, please tell a friend or colleague about us today.

Superstate introduces Direct Issuance Programs. Celo activates OP Succinct Lite. Gauntlet supports Ethereum on its USDC Vault. And Deutsche Bank publishes a report on ZK for institutions. Read more: https://ethdaily.io/840 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3. Arkiv brings the familiar concept of a traditional Web2 database into the Web3 ecosystem. Find out more at Arkiv.network Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

Thousands of Police issued 'formal warnings' have been scrapped after findings that 63% were issued unlawfully. 'Formal warnings' are used as alternatives to prosecutions where the offence is deemed unworthy of going through the courts. Last week, Police told all staff that compulsory training will be rolled out and an updated policy for formal warnings would be issued by the end of the year. Defence lawyer John Munroe joined Heather du Plessis-Allan to chat about how this happened, and what it means. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Recent new issue municipal debt deals were oversubscribed. Follow UsTwitter @NYLInvestmentsTwitter @MacKayMuniMgrsFacebook @NYLInvestmentsLinkedIn: New York Life InvestmentsLinkedIn: MacKay Municipal ManagersPresented by New York Life Investmentswww.newyorklifeinvestments.com MacKay Municipal Managers is a team of portfolio managers at MacKay Shields. MacKay Shields is 100% owned by NYLIM Holdings, which is wholly owned by New York Life Insurance Company. “New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Russia's Financial Desperation: Failed Bond Issues and Discounted Oil — Michael Bernstam — Bernstamdocuments Russia's systematic struggle to finance its expanding budget deficit and war costs through issuance of "Panda bonds" denominated in Chinese renminbi, efforts that have largely failed as Chinese investors regard Russian sovereign debt as excessively risky. Bernstam documents that Russia's oil revenue is severely constrained by Western sanctions enforcement, forcing Moscow to sell crude petroleum at approximately $40 per barrel compared to global market prices exceeding $60, while the European Union remains gridlocked regarding authorization to utilize frozen Russian assets for Ukrainian defense funding. 1906 NORTHSIDE PEKING

The technology-funding frenzy could become a bust for credit markets if AI falls short of lofty expectations, according to Barclays. “If we get to a point where we see a lot of this issuance coming to the market — and then there’s some changes, where maybe certain things are a little bit less viable or a little bit less attractive — that leads to some downside risks,” Brad Rogoff, the firm’s global head of research, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Mike Campellone in the latest Credit Edge podcast. They also discuss “late-cycle” behavior, private-debt risk, asset-based finance and portfolio trades, as well as Barclays’ 2026 forecasts for credit spreads, defaults and global issuance.See omnystudio.com/listener for privacy information.

Welcome to The Chrisman Commentary, your go-to daily mortgage news podcast, where industry insights meet expert analysis. Hosted by Robbie Chrisman, this podcast delivers the latest updates on mortgage rates, capital markets, and the forces shaping the housing finance landscape. Whether you're a seasoned professional or just looking to stay informed, you'll get clear, concise breakdowns of market trends and economic shifts that impact the mortgage world.In today's episode, we look at trends across Agency MBS issuance. Plus, Robbie sits down with ICE's Dana Federspiel for a discussion on the key challenges servicers and subservicers are facing in a rapidly evolving industry, how servicers can achieve greater scalability and efficiency, and which regulatory issues may impact the sector heading into 2026. And we close by looking at what contributed to a positive labor market print this morning.Today's podcast is brought to you by ICE. As the standard for innovation, artificial intelligence, efficiency and scalability, ICE is the technology of choice for the majority of industry participants, defining the future of homeownership. 

In this podcast Francis Diamond, Aditya Chordia and Khagendra Gupta discuss the recent European rate markets moves as well as a variety of different topics: 2026 Euro area issuance, SSAs, Scandi markets and European inflation.   This podcast was recorded on 17 October 2025. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5103174-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

Probate Process  confusion doesn't just slow you down...it stops client relationships before they even start.

The Defense Department has finalized the core rule for its Cybersecurity Maturity Model Certification program, laying out how contractors must safeguard sensitive data. While the framework is now official, the rollout may hinge on the readiness and capacity of third-party assessors. Here to explain what's in the rule and what comes next is , partner at Hunton, Andrews, Kurth--Eric Crusius.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Karen Veraa-Perry discusses the state of the fixed Income Market and ETFs, amid historically low yields and heightened rates volatility. With decades of low yields behind us, investors are now faced with higher rates and macro volatility. Perry believes the fixed income market is taking recent data releases in stride, with a focus on the Fed's next move.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Issuance is up, the curve is steepening, and tax policy is finally clear—conditions that have muni investors taking a closer look.In this episode, host Chris Roberti is joined by Matt Hage, Portfolio Manager at MacKay Municipal Managers, for a timely look at market dynamics and positioning. Matt shares why issuance is running 20% above last year's record pace, how shifts in the curve are opening long-term opportunities, and what the “One Big Beautiful Bill” means for tax policy and sector risk. They also discuss credit fundamentals, potential catalysts for a rally, and why active management may be better equipped than passive strategies in today's environment.Follow UsTwitter @NYLInvestmentsTwitter @MacKayMuniMgrsFacebook @NYLInvestmentsLinkedIn: New York Life InvestmentsLinkedIn: MacKay Municipal ManagersPresented by New York Life Investmentswww.newyorklifeinvestments.comMacKay Municipal Managers is a team of portfolio managers at MacKay Shields. MacKay Shields is 100% owned by NYLIM Holdings, which is wholly owned by New York Life Insurance Company. “New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.SMRU: 8252992.1

Host Jennifer Sanasie breaks down the latest news in the crypto industry as Base has surpassed Solana in daily token introductions.Base has surpassed Solana in daily token introductions, launching 54,341 on July 27, more than double Solana's 25,460, according to Dune Analytics. Plus, French lawmakers look into bitcoin mining with surplus nuclear energy and the disappearing Satoshi statue in Lugano. CoinDesk's Jennifer Sanasie hosts “CoinDesk Daily.”-Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to build the future of the Midnight network. Holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT are eligible to participate in the first phase.Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit midnight.gd and prepare for the Midnight Glacier Drop.-This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ruari Ewing, Senior Director, Market Practice and Regulatory Policy, ICMA, narrates ICMA's response to the European Commission's SIU consultation questions on issuance (including PRIIPs).  

By Artemis.bm's figures, annual catastrophe bond issuance across all the types of deals we track has now shattered the previous full-year record in just over six months in 2025. At over $17.8 billion, new issues of Rule 144A catastrophe bonds and private cat bonds have broken the record set in full-year 2024. The outstanding cat bond market has grown by roughly 15% since the end of last year and average cat bond deal sizes are up notably as well. Listen to this podcast episode for more insights into the record year of catastrophe bond issuance in 2025, according to Artemis.bm's data.

The process for obtaining a warrant to raid someone's home by federal law enforcement agencies generally follows these steps:Investigation: Law enforcement agencies conduct an investigation to gather evidence that suggests criminal activity is occurring at the target location.Probable Cause: Law enforcement must establish probable cause, meaning they must have sufficient evidence to believe that a crime has been committed and that evidence of the crime is likely to be found at the target location.Affidavit: A law enforcement officer presents an affidavit to a judge or magistrate. This affidavit outlines the facts and evidence supporting the request for a search warrant. It typically includes details about the suspected criminal activity, the target location, and the specific evidence or contraband believed to be present.Review by Judge: The judge or magistrate reviews the affidavit to determine if there is probable cause to issue a search warrant. The judge may ask for additional information or clarification before making a decision.Issuance of Warrant: If the judge finds sufficient probable cause, they will issue a search warrant authorizing law enforcement to conduct a raid on the target location. The warrant specifies the scope of the search, including what areas of the premises can be searched and what items can be seized.Execution of Raid: Law enforcement officers execute the raid in accordance with the terms of the warrant. They must conduct the search within the parameters set forth in the warrant and may seize any evidence or contraband found during the search that is within the scope of the warrant.Regarding the evidence needed to obtain a search warrant, it typically includes specific information that establishes probable cause, such as:Witness statementsSurveillance footagePhysical evidenceFinancial recordsInformation obtained from informantsResults of undercover operationsExpert testimonyThe evidence presented must be reliable and credible enough to persuade a judge that there is a fair probability that evidence of a crime will be found at the target location. The level of evidence required is higher than mere suspicion but lower than beyond a reasonable doubt, which is the standard of proof required for a criminal conviction.In this episode we take a look at the raid and what the feds were hoping to find during the execution of the warrant.   (commercial at 9:46)to contact me:bobbycapucci@protonmail.comsource:Inside the raids at Sean 'Diddy' Combs' estates - Los Angeles Times (latimes.com)

The process for obtaining a warrant to raid someone's home by federal law enforcement agencies generally follows these steps:Investigation: Law enforcement agencies conduct an investigation to gather evidence that suggests criminal activity is occurring at the target location.Probable Cause: Law enforcement must establish probable cause, meaning they must have sufficient evidence to believe that a crime has been committed and that evidence of the crime is likely to be found at the target location.Affidavit: A law enforcement officer presents an affidavit to a judge or magistrate. This affidavit outlines the facts and evidence supporting the request for a search warrant. It typically includes details about the suspected criminal activity, the target location, and the specific evidence or contraband believed to be present.Review by Judge: The judge or magistrate reviews the affidavit to determine if there is probable cause to issue a search warrant. The judge may ask for additional information or clarification before making a decision.Issuance of Warrant: If the judge finds sufficient probable cause, they will issue a search warrant authorizing law enforcement to conduct a raid on the target location. The warrant specifies the scope of the search, including what areas of the premises can be searched and what items can be seized.Execution of Raid: Law enforcement officers execute the raid in accordance with the terms of the warrant. They must conduct the search within the parameters set forth in the warrant and may seize any evidence or contraband found during the search that is within the scope of the warrant.Regarding the evidence needed to obtain a search warrant, it typically includes specific information that establishes probable cause, such as:Witness statementsSurveillance footagePhysical evidenceFinancial recordsInformation obtained from informantsResults of undercover operationsExpert testimonyThe evidence presented must be reliable and credible enough to persuade a judge that there is a fair probability that evidence of a crime will be found at the target location. The level of evidence required is higher than mere suspicion but lower than beyond a reasonable doubt, which is the standard of proof required for a criminal conviction.In this episode we take a look at the raid and what the feds were hoping to find during the execution of the warrant.   (commercial at 9:46)to contact me:bobbycapucci@protonmail.comsource:Inside the raids at Sean 'Diddy' Combs' estates - Los Angeles Times (latimes.com)Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.

With foreign student visas at Harvard and elsewhere in the news, today's episode of Parsing Immigration Policy features Andrew Arthur, the Center for Immigration Studies fellow in law and policy, providing a crash course on the subject. He explains the foreign student admissions process, the responsibilities of schools certified to enroll foreign students, and recent policy issues. With over one million foreign students studying (and working) in America, this episode covers the national security implications of not having proper knowledge of who is being brought in and what they are doing while in the U.S.Key topics covered:Admissions OverviewThe role of the Student and Exchange Visitor Program (SEVP)Student's Application to SEVP-certified institutions.Issuance of Form I-20 upon acceptance.Visa application at U.S. consulates.Which branch controls visa issuance?Role of Designated School Officials (DSOs)A DSO plays the role of a "deputized immigration officer."Monitoring student status via SEVIS.Reporting changes in enrollment or course of study.Conflict of interest? Balancing institutional responsibilities with immigration compliance.Optional Practical Training (OPT)Students working under the OPT program are still on student visas.Will these students lose their ability to be employed as cheap labor?Policy ChallengesWhy did the Trump administration revoke Harvard University's SEVP certification?Potential impact/lack of impact of the District Court's temporary restraining order (TRO).Impact on other schools.In today's commentary, Mark Krikorian, podcast host and executive director of the Center, highlights today's main illegal immigration challenge: visa overstays. He cites the recent Colorado attack committed by a visa overstayer as an example of the importance of action and describes some of the solutions which are in the reconciliation bill.HostMark Krikorian is the Executive Director of the Center for Immigration StudiesGuestAndrew Arthur is the Resident Fellow of Law and Policy at the Center for Immigration Studies.RelatedDHS Pulls Harvard's Student-Visa Certification Authority Controversial DHS Program Allows Foreign Students to Train in Sensitive Fields There Are 1.5 Million Foreign Students in the United States (and Over a Third Have Work Authorization) Not all illegal-alien criminals are border-jumpersIntro MontageVoices in the opening montage:Sen. Barack Obama at a 2005 press conference.Sen. John McCain in a 2010 election ad.President Lyndon Johnson, upon signing the 1965 Immigration Act.Booker T. Washington, reading in 1908 from his 1895 Atlanta Exposition speech.Laraine Newman as a "Conehead" on SNL in 1977.Hillary Clinton in a 2003 radio interview.Cesar Chavez in a 1974 interview.House Speaker Nancy Pelosi speaking to reporters in 2019.Prof. George Borjas in a 2016 C-SPAN appearance.Sen. Jeff Sessions in 2008 comments on the Senate floor.Candidate Trump in 2015 campaign speech.Charlton Heston in "Planet of the Apes".

As Artemis.bm continues to track catastrophe bond market activity through this very busy year of 2025, total settled issuance analysed by Artemis has already surpassed $15 billion, while the outstanding cat bond market has grown by 15.5% since the end of 2024. Catastrophe bond issuance is breaking all records so far in 2025, with now $15.025 billion of offerings settled across Rule 144A cat bonds and the few privately placed deals Artemis has tracked. Impressively, the level of issuance now settled in 2025 has already broken the record for first-eleven month issuance. Meaning, in every previous year the catastrophe bond market has existed, Artemis hadn't ever seen that volume of deals settle between January and the end of November. Given we are still at the end of May, with a whole month to run until the middle of 2025, it's clear the first-half cat bond issuance record is being broken by a particularly significant margin. The previous record for first-half cat bond issuance came in 2024, when just over $12.6 billion of deals were tracked by Artemis. Remember you can use all the interactive charts and visualisations over at www.artemis.bm to analyse catastrophe bond issuance, the outstanding market and view leaderboards of the top cat bond sponsors and service providers. Cat bond issuance settled in the month of May has reached a significant record high of almost $5.9 billion in 2025. Which beats the previous record for the month by approaching $2 billion. It also makes May 2025 the biggest single month of catastrophe bond issuance in the market's history, another very notable record that has been soundly broken this year. The rapid rate of catastrophe bond market activity seen in 2025 has also helped to propel the size of the market considerably higher already. Recall that 2025 has seen the highest level of cat bond maturities ever for the first-half, but the market has outpaced that with new issuance, to grow by around 15.5% since the end of 2024. Artemis' measure for the outstanding cat bond market, which does include some private deals and also may not factor in all principal reductions, or extensions of maturity, as we don't always receive that data, has now reached just over $57.12 billion. Which, as Artemis said, represents 15.5% growth in the outstanding catastrophe bond market since December 31st 2024, when the total stood at just under $49.48 billion. Artemis has seen more first-time cat bond sponsors come to market in H1 2025 than any other half-year so far, which has helped to propel this market expansion and growth. Alongside that, repeat sponsors have been issuing larger deals and growing cat bond's share of their reinsurance towers, in some cases, while other sponsors have seen an increased need for reinsurance and grown their cat bond coverage proportionally with that. The catastrophe bond market is well on-course to break the annual issuance record in 2025, as a reminder that stood at almost $17.7 billion by Artemis' numbers for 2024. Whether it is broken will depend on loss activity through the wind season, any other particularly impactful catastrophe losses, or if some kind of disruption to capital markets occurs. However, with only just under $1.6 billion of additional issuance needed to come to market, beyond what we have seen already and what is scheduled in the pipeline for June, it is now hard to think the annual record won't be broken in 2025. Stay tuned to Artemis for critical catastrophe bond market insights as the rest of 2025 progresses!

This week's Espresso covers news from Credicuotas, Kiwi, Allug, and more!Outline of this episode:[00:30] – Credicuotas secures $33M in bond issuance[00:41] – Kiwi raises $10M and launches in Peru[00:52] – Allugg secures $5.3M FIDC[01:09] – VMetrix raises $3.2M seed round[01:32] – Visma acquires Argentinian HRTech Lara AI[01:47] – Rebalancing the Cap Table When a Founder Leaves the BandResources & people mentioned:Startups:  Credicuotas, Kiwi, Allugg,  VMetrix, Visma, Lara AI VCs: BIND | Financial Solutions, BIND Inversiones, Oslo DTVM, Kayyak, Nazca

Issuance for taxable muni's is up 29% compared to the same time last year Follow UsTwitter @NYLInvestmentsTwitter @MacKayMuniMgrsFacebook @NYLInvestmentsLinkedIn: New York Life InvestmentsLinkedIn: MacKay Municipal Managers Presented by New York Life Investmentswww.newyorklifeinvestments.com MacKay Municipal Managers is a team of portfolio managers at MacKay Shields. MacKay Shields is 100% owned by NYLIM Holdings, which is wholly owned by New York Life Insurance Company. “New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.

Chapters00:00 Introduction to Darren Marble and Issuance03:02 Darren's Early Entrepreneurial Journey05:58 The Importance of Rejection in Sales08:53 Building Resilience as a Founder11:47 Lessons from a Cold Rejection14:57 The Role of the Founder in Capital Raising18:06 The Glamour vs. Reality of Being a Founder21:01 Sobriety as a Competitive Advantage25:03 The Breakthrough of Sobriety29:41 Going Public: A New Investment Show40:38 The Resilience of Founders44:36 Defining Success as an Entrepreneur

This latest podcast episode is a bit of an experiment, as we've utilised NotebookLM to transform one of our recent articles that analyses catastrophe bond issuance through April 25th 2025 into an audio podcast episode. Even with a few days to run of the fourth month of the year, catastrophe bond market issuance in 2025 is already on-track to set a new record for issuance through May, as the pipeline of new cat bond deals continues to build. With new catastrophe bond issuances that have completed and settled this week, the total cat bond issuance tracked in the Artemis Deal Directory has already reached almost $8.25 billion this year. But, impressively, the pipeline of new cat bonds slated for completion and settlement up to and including the month of May so far has now reached $3.82 billion. As a result, our forecast for catastrophe bond issuance across Rule 144A cat bonds and the privately placed deals we've tracked so far in 2025 has now reached $12.07 billion, with all of that issuance currently scheduled to settle by the end of the week of May 19th at this stage. Please note, dates of settlement for new catastrophe bond issues can change, so the forecasts could adjust over the coming weeks, but the main story does not change.  The catastrophe bond market remains on record-setting pace and further growth of the outstanding cat bond market is anticipated.

Microsoft Recall on Copilot+ PC: testing the security and privacy implications Russian organizations targeted by backdoor masquerading as secure networking software updates SSL.com Scrambles to Patch Certificate Issuance Vulnerability  Huge thanks to our sponsor, Dropzone AI Is your security team spending too much time chasing alerts instead of stopping threats? Dropzone AI modernizes your security operations by handling the routine investigations that consume your team's day. Our AI SOC Analyst works with your existing security tools, learns your environment, and delivers clear, actionable reports within minutes. Your human analysts can finally focus on the most critical threats. Organizations using our AI SOC Analyst handle significantly more alerts without growing their team. See how at RSA at booth ESE-60.

Deportation of Venezuelan Gang Members: The Supreme Court lifted a judge's order blocking the deportation of suspected Venezuelan gang members to a prison in El Salvador. The Trump administration used the Alien Enemies Act, an 18th-century law, to classify these gang members as part of a hostile government. The Supreme Court ruled 5-4 that challenges to deportation must be filed as habeas corpus petitions in the location where the individuals are detained, not as class actions in D.C. Cancellation of Teacher Training Grants: The Supreme Court upheld the cancellation of $600 million in teacher training grants, with $65 million yet to be distributed. The court ruled 5-4 that claims against federal money should be brought in the Court of Federal Claims. This decision was seen as a technical but significant victory against district judges trying to block the Trump administration's agenda. Reinstatement of Federal Employees: The Supreme Court reversed a district judge's order to reinstate 16,000 federal employees fired by the Trump administration. The court ruled 7-2 that the administration had followed proper procedures for the dismissals. This decision was another victory against district judges attempting to halt the Trump administration's actions. Issuance of Social Security Numbers: Nearly 4 million non-citizens were issued Social Security numbers during Joe Biden's presidency. These numbers allowed illegal aliens to access government programs and aid, costing American taxpayers hundreds of billions of dollars. The Department of Government Efficiency (DOGE) reported that many illegal aliens received Medicaid, driver's licenses, and some even registered to vote. Transgender Athletes in Women's Sports: A female fencer was disqualified for refusing to compete against a transgender opponent. Senator Ted Cruz launched an investigation into USA Fencing's policies, aiming to protect women and girls in sports. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and the Ben Ferguson Show Podcast Wherever You get You're Podcasts. Thanks for Listening #seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton#rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats#republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica#SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #justicecorrupted #UnwokeHowtoDefeatCulturalMarxisminAmericaYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Canon printer driver vulnerabilities enable Windows kernel exploitation. Astonishing cyber-security awareness from a household appliance manufacturer. France tries to hook 2.5 million school children with a Phishing test. Wordpress added an abuse prone feature in 2022. Guess what happened? Oracle? Is there something you'd like to tell us? Utah's governor just signed the App Store Accountability Act. Now what? AI bots hungry for new data are DDoSing FOSS projects. No Microsoft Account? No Microsoft Windows 11. Gmail claims it now offers E2EE. It kinda sorta does. Somewhat. A dreaded CVSS 10.0 was discovered in Apache Parquet. A bunch of terrific listener feedback. What's Multi-Perspective Issuance Corroboration and why must all certificate authorities now do it? Show Notes - https://www.grc.com/sn/SN-1020-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: material.security threatlocker.com for Security Now canary.tools/twit - use code: TWIT joindeleteme.com/twit promo code TWIT bitwarden.com/twit

Canon printer driver vulnerabilities enable Windows kernel exploitation. Astonishing cyber-security awareness from a household appliance manufacturer. France tries to hook 2.5 million school children with a Phishing test. Wordpress added an abuse prone feature in 2022. Guess what happened? Oracle? Is there something you'd like to tell us? Utah's governor just signed the App Store Accountability Act. Now what? AI bots hungry for new data are DDoSing FOSS projects. No Microsoft Account? No Microsoft Windows 11. Gmail claims it now offers E2EE. It kinda sorta does. Somewhat. A dreaded CVSS 10.0 was discovered in Apache Parquet. A bunch of terrific listener feedback. What's Multi-Perspective Issuance Corroboration and why must all certificate authorities now do it? Show Notes - https://www.grc.com/sn/SN-1020-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: material.security threatlocker.com for Security Now canary.tools/twit - use code: TWIT joindeleteme.com/twit promo code TWIT bitwarden.com/twit

Canon printer driver vulnerabilities enable Windows kernel exploitation. Astonishing cyber-security awareness from a household appliance manufacturer. France tries to hook 2.5 million school children with a Phishing test. Wordpress added an abuse prone feature in 2022. Guess what happened? Oracle? Is there something you'd like to tell us? Utah's governor just signed the App Store Accountability Act. Now what? AI bots hungry for new data are DDoSing FOSS projects. No Microsoft Account? No Microsoft Windows 11. Gmail claims it now offers E2EE. It kinda sorta does. Somewhat. A dreaded CVSS 10.0 was discovered in Apache Parquet. A bunch of terrific listener feedback. What's Multi-Perspective Issuance Corroboration and why must all certificate authorities now do it? Show Notes - https://www.grc.com/sn/SN-1020-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: material.security threatlocker.com for Security Now canary.tools/twit - use code: TWIT joindeleteme.com/twit promo code TWIT bitwarden.com/twit

Canon printer driver vulnerabilities enable Windows kernel exploitation. Astonishing cyber-security awareness from a household appliance manufacturer. France tries to hook 2.5 million school children with a Phishing test. Wordpress added an abuse prone feature in 2022. Guess what happened? Oracle? Is there something you'd like to tell us? Utah's governor just signed the App Store Accountability Act. Now what? AI bots hungry for new data are DDoSing FOSS projects. No Microsoft Account? No Microsoft Windows 11. Gmail claims it now offers E2EE. It kinda sorta does. Somewhat. A dreaded CVSS 10.0 was discovered in Apache Parquet. A bunch of terrific listener feedback. What's Multi-Perspective Issuance Corroboration and why must all certificate authorities now do it? Show Notes - https://www.grc.com/sn/SN-1020-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: material.security threatlocker.com for Security Now canary.tools/twit - use code: TWIT joindeleteme.com/twit promo code TWIT bitwarden.com/twit

Canon printer driver vulnerabilities enable Windows kernel exploitation. Astonishing cyber-security awareness from a household appliance manufacturer. France tries to hook 2.5 million school children with a Phishing test. Wordpress added an abuse prone feature in 2022. Guess what happened? Oracle? Is there something you'd like to tell us? Utah's governor just signed the App Store Accountability Act. Now what? AI bots hungry for new data are DDoSing FOSS projects. No Microsoft Account? No Microsoft Windows 11. Gmail claims it now offers E2EE. It kinda sorta does. Somewhat. A dreaded CVSS 10.0 was discovered in Apache Parquet. A bunch of terrific listener feedback. What's Multi-Perspective Issuance Corroboration and why must all certificate authorities now do it? Show Notes - https://www.grc.com/sn/SN-1020-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: material.security threatlocker.com for Security Now canary.tools/twit - use code: TWIT joindeleteme.com/twit promo code TWIT bitwarden.com/twit

Canon printer driver vulnerabilities enable Windows kernel exploitation. Astonishing cyber-security awareness from a household appliance manufacturer. France tries to hook 2.5 million school children with a Phishing test. Wordpress added an abuse prone feature in 2022. Guess what happened? Oracle? Is there something you'd like to tell us? Utah's governor just signed the App Store Accountability Act. Now what? AI bots hungry for new data are DDoSing FOSS projects. No Microsoft Account? No Microsoft Windows 11. Gmail claims it now offers E2EE. It kinda sorta does. Somewhat. A dreaded CVSS 10.0 was discovered in Apache Parquet. A bunch of terrific listener feedback. What's Multi-Perspective Issuance Corroboration and why must all certificate authorities now do it? Show Notes - https://www.grc.com/sn/SN-1020-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: material.security threatlocker.com for Security Now canary.tools/twit - use code: TWIT joindeleteme.com/twit promo code TWIT bitwarden.com/twit

In this episode, Scott sits down with Darren Marble — the creator of Going Public and founder of Issuance — for a wide-ranging conversation on the rise of retail investors, the evolution of equity crowdfunding, and why he believes the best days of this industry are still ahead. Darren shares the inside story of launching Going Public, a groundbreaking series now partnered with X (formerly Twitter), where everyday people can invest in startups while watching. He opens up about the challenges of getting mainstream media to understand the vision, the value of showmanship in a complex industry, and how they're landing major talent like Baron Davis, Floyd Mayweather, and Steve Aoki to bring visibility to private investing. Scott and Darren go deep into the early days of crowdfunding, the Elio Motors deal that kicked it all off, the philosophy behind Issuance's white-label platform, and why building a frictionless checkout for investing (complete with Apple Pay and USDC) was always the obvious play. This episode is full of gems on what it really takes to build trust, media attention, and infrastructure in a space often ignored by institutions — until now. Support the show by signing up for a free account @ Kingscrowd.com Learn more about Darren's work @ goingpublic.com, issuance.com Follow Darren: @darrenmarble Follow Scott: @kitun

Darren Marble knows something that Wall Street doesn't want YOU to know, and he's going to share it with us, along with many more business and marketing topics, in this episode. --- Darren Marble is the CEO and founder of CrowdFundX, a leading digital marketing agency specializing in raising capital for private companies through online platforms. He is also the co-founder of Going Public, a groundbreaking television series that showcases companies going public via Regulation A+ offerings. Additionally, Darren is the founder of Issuance, a technology company that simplifies the process of issuing securities and managing investor relations for private companies. Like this episode? Watch more like it