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News
NFL and midterm elections set up prediction markets for a critical fall season
16+ hour, 2+ min ago (839+ words) Prediction markets that rode politics and sports to new heights the past two years are betting on...the fall bigger than they've ever been, with daily notional trading volume now consistently in the...continue to get the majority of their…...
First Amendment Sense and Sensibilities: Statement on Proposed Rescission of Pay-to-Play Rule
1+ week, 3+ day ago (308+ words) Today, the Commission proposed to rescind Investment Advisers Act rule 206(4)-5, the investment adviser “Pay-to-Play Rule.” I am thrilled that we are proposing to eliminate rather than simply amend the rule, which always has bothered my First Amendment sensibilities.[1] Political speech…...
Statement on Proposal to Rescind “Pay-to-Play” Rule
1+ week, 3+ day ago (182+ words) However, since its adoption, it has proven only to be needlessly penalizing, burdensome and complex to implement, and misaligned with the SEC’s mandate. To that end, our proposal would rescind the political contribution rule in its entirety and amend the…...
SEC Announces Agenda and Panelists for Roundtable on Preparations for 24-Hour Trading
1+ week, 5+ day ago (419+ words) Washington D.C., Sept. 1, 2026 — The Securities and Exchange Commission today announced the agenda and panelists for its Sept. 17, 2026, roundtable on preparations for 24-hour trading. The roundtable will be held at the SEC’s headquarters at 100 F Street, N.E., Washington, D.C., from…...
M&A roundup: Hot start to September
1+ week, 5+ day ago (145+ words) CRI added Morrison & Smith; Ascend acquired GreerWalker; Nichols Cauley added LaRocco; Accuity acquired KKDLY; Grimes added Stevens and Ciccone; BGM acquired John T. Chipman; and WPWealth added Optimus Capital Advisors. Acquisitions by Carr, Riggs & Ingram, Ascend, Nichols Cauley and more. Employees…...
Whitman launches coaching program for departing partners
3+ day, 3+ hour ago (310+ words) professional title), time and structure (rebuilding a daily rhythm after leaving the firm), social connection...
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
2+ week, 2+ day ago (354+ words) ninth circuit rejected that argument. "The sports event contracts were not 'swaps' because they were sports bets," the court said in its opinion against...
Bill goes remote-first
1+ week, 3+ day ago (300+ words) "The remote population proved the model works: hiring stayed strong, performance stayed strong, culture stayed strong, for half the company, for years. So instead of continuing to manage the divide, we realized the better path was to build one team…...
Lame Duck: Remarks at the Meeting of the SEC Investor Advisory Committee
3+ day, 13+ hour ago (213+ words) Thank you, George [Georgiev]. Good morning and welcome to the Committee members and today’s panelists. Thank you for your participation in the meeting. Thank you also to Marc Sharma, Adam Moore, Charles Kwon, and Adam Anicich for their tireless work…...
GST Council Meeting Rescheduled To October 7 Due To BRICS Summit
6+ day, 18+ hour ago (469+ words) The 57th GST Council meeting, earlier scheduled for September 12, has been postponed to October 7 due to the BRICS summit being hosted by India in New Delhi, PTI reported, citing sources. The BRICS summit is scheduled for September 12-13 and is expected to…...