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Waypoint Advisors to join Cary Street Partners

by Released | Jun 25, 2020

Cary Street Partners has entered into a definitive agreement to acquire Virginia Beach–based independent registered investment adviser Waypoint Advisors.

Sandlapper Securities expelled from FINRA

by Andrea Zander | Jun 25, 2020

FINRA has affirmed the expulsion of Sandlapper Securities, as well as Trevor Gordon, CEO, and Jack Bixler, principal and president.

FINRA amends suitability rule

by Released | Jun 25, 2020

FINRA has amended its suitability rule, Capital Acquisition Broker (CAB) suitability rule and rules governing non-cash compensation to provide clarity on which standard applies and to address potential inconsistencies with the Securities and Exchange Commission’s (SEC’s) Regulation Best Interest (Reg BI).

Demand for gold to weaken this year

by Andrea Zander | Jun 24, 2020

Demand for gold will weaken this year as a surge in purchases by investors will not offset a dramatic fall in consumption by jewelers, industry and central banks.

ADNOC signs record $20.7b pipeline deal

by Kali Persall | Jun 24, 2020

A consortium of some of the biggest investors in the infrastructure space have struck a $20.7 billion pipeline deal with the Abu Dhabi National Oil Co. (ADNOC), marking one of the largest global energy infrastructure transactions to date.
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