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News
Bill goes remote-first
1+ week, 2+ 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, 9+ 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…...
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…...
On the move: CohnReznick names a new CFO
1+ day, 21+ hour ago (167+ words) Kate Peachway has joined CohnReznick as a partner and chief financial officer; the Ohio Society of CPAs names its new board of directors; ConvergenceCoaching graduated the 2025-2026 class of its Transformational Leadership Program; and other firm and personnel news from across…...
Jackson Hole analyst roundup: Warsh's speech sends hike chances higher, may put Fed `at odds' with Treasury
1+ week, 6+ day ago (470+ words) Federal Reserve Chair Kevin Warsh's stance in his speech at the Jackson Hole meeting was unexpectedly hawkish, boosting market expectations for a rate hike next month. Gold fell and Asian stocks declined on Monday. Traders of fed funds futures see…...
September Fed decision is now a coin flip as rate hike odds increase post Warsh
2+ week, 2+ day ago (329+ words) Kevin Warsh's keynote speech at the central bank's annual symposium in Jackson Hole, Wyo. has altered investors' outlook for an interest rate hike in September after the Fed chairman said he was committed to fighting inflation. Traders on prediction market…...
On the move: RKL installs new CEO
1+ week, 2+ day ago (148+ words) Mike De Stefano has taken the helm at RKL; The Bonadio Group named Cailee Medina its new chief human resources officer; Rea appointed Tory Spadafora its first-ever chief growth officer; and other firm and personnel news from across the profession....
SEC Proposes Rescission of Political Contribution Rule for Investment Advisers
1+ week, 3+ day ago (317+ words) The Securities and Exchange Commission today issued a proposal to rescind its “pay-to-play” rule that prohibits investment advisers from providing compensated investment advisory services to a government client for two years… Official websites use.gov Secure.gov websites use HTTPS…...
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
2+ week, 2+ day ago (354+ words) The Ninth Circuit Court of Appeals rejected prediction markets platforms' requests for injunctive relief against the Nevada Gaming Control Board, concluding that sports-related event contracts are not a derivative regulated by the federal government. The court rejected appeals by Kalshi…...
SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme
3+ day, 5+ hour ago (369+ words) The Securities and Exchange Commission today charged Ernest Ossei Boateng and two New Jersey-based companies he controls, Intercontinental Wealth Network LLC and I Wealth Network LP, for allegedly raising approximately $16 million from more than 200… Official websites use.gov Secure.gov…...