SEC Accuses Companies of Submitting False Filings Amid $130M Crypto Scam

Published on October 30, 2026

Regulators say BG Wealth Sharing filed a fake Form ADV to convince investors of its legitimacy. The scammers allegedly lured tens of thousands of investors with promises of risk-free returns.

Continue reading on website
Other news

Deals & Moves: WPGC-Backed Apella's 31st Deal is for $332M Maryland RIA

October 30, 2026
In other deals, Sequoia Financial adds a $175 million Colorado-based wealth manager, LPL keeps growing with a $575 million team that left Northwestern Mutual, and a South Carolina bank acquires to launch wealth advice.

Snowden Lane Settles SEC Charges Over Fee Disclosures

October 30, 2026
Snowden Lane Partners agreed to pay over $360,000 to resolve SEC findings that it did not disclose margin interest markups and included a misleading hedge clause in client agreements.