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News
NFL and midterm elections set up prediction markets for a critical fall season
1+ day, 2+ hour ago (839+ words) Prediction markets that rode politics and sports to new heights the past two years are betting on their convergence this autumn to drive even more adoption. In 2024, event contract exchanges entered the mainstream with trades tied to the presidential election…...
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…...
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…...
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…...
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…...
Using AI to decode client behavior
1+ week, 4+ day ago (813+ words) AI bots like ChatGPT are already widely used for drafting personalized emails, engagement letters, proposals and other client-facing content. But when used strategically, they can help CPA firms analyze client feedback, identify recurring concerns, understand changing expectations and spot patterns…...
Lame Duck: Remarks at the Meeting of the SEC Investor Advisory Committee
4+ day, 8+ min 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…...
Gray Griffith & Mays expands in West Virginia
1+ week, 4+ day ago (237+ words) Lambright & Gutta is based in Morgantown, West Virginia, and specializes in accounting and tax preparation for individuals, small businesses and corporations. The deal expands GGM's footprint in the state. "This acquisition is a natural fit for both firms," Ryan Lindsay,…...
Remarks at the Investor Advisory Committee Meeting
4+ day, 7+ min ago (571+ words) Before I continue, I must note the customary disclaimer that the views I express here today are my own as Chairman and do not necessarily reflect those of the SEC as an institution or of my fellow Commissioners. To begin,…...
Thomson Reuters develops independent AI frontier model 'Thomson' in push for 'AI sovereignty"
2+ week, 4+ day ago (413+ words) Thomson Reuters announced the launch of its independently developed AI frontier model Thomson, which the company plans to deploy throughout its legal and tax portfolio over time, starting with Tabular Analysis inside CoCounsel Legal, where it now provides high-volume document…...