SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities
Published . Updated .
The Securities and Exchange Commission today charged private fund adviser Meyer Global Management LLC (MGM) and its CEO, Owen E.H. Meyer, with defrauding investors and MGM-managed funds in connection with investments in SpaceX and other pre-IPO…
Directly affected
- No company is named in this report.
Indirectly affected
- SPTE SP FUNDS S&P GLOBAL TECHNOLOGY ETF
GA selected SPTE as a RELATED security because its canonical security name directly matches this event's themes: global, funds. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- TUR ISHARES INC
GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- SLV ISHARES SILVER TR
GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- QID PROSHARES TR
GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- XLI SELECT SECTOR SPDR TR
GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- ABXL ABACUS GLOBAL MANAGEMENT INC 9
GA selected ABXL as a RELATED security because its canonical security name directly matches this event's themes: management, global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
The Securities and Exchange Commission today charged private fund adviser Meyer Global Management LLC (MGM) and its CEO, Owen E.H. Meyer, with defrauding investors and MGM-managed funds in connection with investments in SpaceX and other pr…
Source: SEC
Price since this story was published: Sp Funds S&P Global Technology Etf (SPTE)
Since the first closing price after “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities,” Sp Funds S&P Global Technology Etf (SPTE) is -6.08%. The S&P 500 fund (SPY) is +0.33% over the same days, a -6.41% difference versus the market.
Who gains and who loses around Sp Funds S&P Global Technology Etf (SPTE)
Companies carried with this story
- SPTE Sp Funds S&P Global Technology Etf
In “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities,” Sp Funds S&P Global Technology Etf (SPTE) is linked, with no stored direction, medium confidence. Reason on file: GA selected SPTE as a RELATED security because its canonical security name directly matches this event's themes: global, funds. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- TUR Ishares
In “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- SLV iShares Silver Trust
iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities.” Reason on file: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- QID Proshares Tr
For “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities,” Proshares Tr (QID) is linked, with no stored direction, medium confidence. Reason on file: GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- XLI Select Sector Spdr Tr
Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities.” Reason on file: GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ABXL Abacus Global Management
For “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities,” Abacus Global Management (ABXL) is linked, with no stored direction, medium confidence. Reason on file: GA selected ABXL as a RELATED security because its canonical security name directly matches this event's themes: management, global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Sp Funds S&P Global Technology Etf (SPTE)
On 30 Sep 2026, “SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities” is the story that connects Sp Funds S&P Global Technology Etf (SPTE) to this story.
What ties Sp Funds S&P Global Technology Etf (SPTE) to the headline is this: GA selected SPTE as a RELATED security because its canonical security name directly matches this event's themes: global, funds. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Ishares (TUR), is listed for a different reason: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for Sp Funds S&P Global Technology Etf (SPTE), and the dates in the story
SLV traded between 50.01 and 61.00 across 20 sessions. The latest close on file is 51.52. SPTE traded between 46.51 and 52.29 across 20 sessions. The latest close on file is 47.41. TUR traded between 31.78 and 37.86 across 20 sessions. The latest close on file is 31.79.
A simple score for Sp Funds S&P Global Technology Etf (SPTE)
46 out of 100
“SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.