Amendment: SEC Form SCHEDULE 13D/A filed by BGC Group Inc.

Item 2(b) is hereby amended and supplemented with the information in Item 2(a) responsive to this Item 2(b), which is incorporated by reference herein.

Item 2(c) is hereby amended and supplemented with the information in Item 2(a) responsive to this Item 2(c), which is incorporated by reference herein.

Item 2(d) is hereby amended and supplemented with the information in Item 2(a) responsive to this Item 2(d), which is incorporated by reference herein.

Item 2(e) is hereby amended and restated as follows: Except as set forth in Schedule A hereto, which is incorporated herein, during the last five (5) years, no Reporting Person or any other person for whom information is required to be disclosed pursuant to Instruction C to Schedule 13D has been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Item 2(f) is hereby amended and supplemented with the information in Item 2(a) responsive to this Item 2(f), which is incorporated by reference herein.

Not Applicable

Item 4 is hereby amended and supplemented by updating previously reported information with respect to the following item: On February 18, 2025, Howard Lutnick informed the Company that he has stepped down as Chairman of the Board of Directors and Chief Executive Officer of the Company, effective February 18, 2025, as a result of his confirmation by the United States Senate as the 41st Secretary of Commerce. Additionally, effective February 18, 2025, Howard Lutnick stepped down from his executive and/or managerial positions with CFLP and CFGM. As previously disclosed, Howard Lutnick has agreed to divest his interests in BGC, CFLP and CFGM to comply with U.S. government ethics rules and does not expect any arrangement which involves selling shares on the open market. Until such interests are divested, Howard Lutnick retains shared voting and dispositive power over securities held by CFLP and CFGM as described in Item 5 below, which is incorporated by reference herein. On February 18, 2025, Brandon Lutnick was appointed as a Director of the Company, as Chief Executive Officer and Chairman of CFLP, and as Chief Executive Officer of CFGM. On February 18, 2025, Kyle Lutnick was appointed as Executive Vice Chairman of CFLP and as President of CFGM. On February 18, 2025, Stephen Merkel was appointed as a Director of the Company and as Chairman of the Board of Directors. On February 18, 2025, the Board of Directors of the Company appointed John Abularrage, Jean-Pierre Aubin, and Sean Windeatt as Co-Chief Executive Officers of the Company and as Principal Executive Officers of the Company. Other than as described in this Item 4, none of the Reporting Persons has any current plans or proposals that relate to or that would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D; provided, that the Reporting Persons may, at any time, review or reconsider their positions with respect to BGC Group and reserve the right to develop such plans or proposals.

Item 5 is hereby amended and restated as follows: The information set forth in this Item 5 is based upon an aggregate of 373,225,846 shares of Class A Common Stock outstanding as of February 10, 2025, which, as of the same date, reflects the effect of all exchanges, dispositions, or other transactions reported in the public filings of BGC Group and/or in Section 16(a) reports of the relevant persons since the filing of Amendment No. 17. CFLP is the beneficial owner of, and has shared voting and dispositive power with respect to 93,340,477 shares of Class A Common Stock acquirable upon conversion of 93,340,477 shares of Class B Common Stock held by it. CFLP shares voting and dispositive power over these shares of Class A Common Stock with CFGM, its Managing General Partner, and with Mr. Howard Lutnick, who is the trustee of an entity that is the sole shareholder of CFGM. CFGM is the beneficial owner of, and has shared voting and dispositive power with respect to (i) 2,972,524 shares of Class A Common Stock acquirable upon conversion of 2,972,524 shares of Class B Common Stock held by it, and (ii) 93,340,477 shares of Class A Common Stock beneficially owned by CFLP and referred to above, consisting of 93,340,477 shares of Class A Common Stock acquirable upon conversion of 93,340,477 shares of Class B Common Stock held by CFLP. Mr. Howard Lutnick is the beneficial owner of, and has sole voting and dispositive power with respect to, (i) 8,973,721 shares of Class A Common Stock acquirable upon conversion of 8,973,721 shares of Class B Common Stock held directly, (ii) 9,096,761 shares of Class A Common Stock held in Mr. Howard Lutnick's personal asset trust, of which he is the sole trustee, (iii) 5,616,612 shares of Class A Common Stock held directly, (iv) 1,392,821 shares of Class A Common Stock held in Mr. Howard Lutnick's GRAT IV account, of which he is the sole trustee, (v) 610,518 shares of Class A Common Stock held in Mr. Howard Lutnick's 401(k) account (as of February 3, 2025), (vi) 292,418 shares of Class A Common Stock held in a Keogh retirement account, and (viii) 34,846 shares of Class A Common Stock held in certain of Mr. Howard Lutnick's retirement accounts. On February 18, 2025, Mr. Howard Lutnick stepped down from his executive and/or managerial positions with CFLP, CFGM, and with KBCR and the LLC Holder (each as defined below). Mr. Howard Lutnick retains shared voting and dispositive power over securities held by these entities. Mr. Howard Lutnick is the beneficial owner of, and has shared voting and dispositive power with respect to: (a) 1,620,109 shares of Class A Common Stock held in various trust, holding entity, retirement and custodial accounts consisting of (i) 1,610,182 shares of Class A Common Stock acquirable upon conversion of 1,610,182 shares of Class B Common Stock held by a limited liability company (the "LLC Holder") of which Mr. Howard Lutnick is the sole voting member through a trust, (ii) 8,888 shares of Class A Common Stock held by the Howard W. Lutnick Family Trust, of which he is sole trustee and (iii) 1,039 shares of Class A Common Stock held in other retirement accounts for the benefit of Mr. Howard Lutnick's spouse; (b) 93,340,477 shares of Class A Common Stock acquirable upon conversion of 93,340,477 shares of Class B Common Stock held by CFLP and referred to above, and 2,972,524 shares of Class A Common Stock acquirable upon conversion of 2,972,524 shares of Class B Common Stock held by CFGM and referred to above; (c) 600,938 shares of Class A Common Stock owned of record by KBCR Management Partners, LLC, a Delaware limited liability company ("KBCR"), which is a non-managing General Partner of CFLP, of which Mr. Howard Lutnick is the sole voting member through a trust; and (d) 2,335,967 shares of Class A Common Stock acquirable upon conversion of 2,335,967 shares of Class B Common Stock held by KBCR. On February 18, 2025, Mr. Howard Lutnick stepped down as trustee from various trusts for the benefit of his family and descendants, and from LFA, a Delaware limited liability company ("LFA"). As a result, Mr. Lutnick no longer retains shared voting and dispositive power over securities held by these entities as previously reported. KBCR is the beneficial owner of, and has shared voting and dispositive power with respect to, (i) 600,938 shares of Class A Common Stock owned of record by it, and (ii) 2,335,967 shares of Class A Common Stock acquirable upon conversion of 2,335,967 shares of Class B Common Stock owned of record by it. Mr. Brandon Lutnick is the beneficial owner of, and has sole voting and dispositive power with respect to, 8,758 shares held in a custodial account for his benefit under the Uniform Gifts to Minors Act. In addition, Mr. Brandon Lutnick is the beneficial owner of, and has shared voting and dispositive power with respect to: (a) 1,610,182 shares of Class A Common Stock acquirable upon conversion of 1,610,182 shares of Class B Common Stock held by the LLC Holder, through Mr. Brandon Lutnick's position as manager of the LLC Holder; (b) 792,598 shares of Class A Common Stock held by various trust accounts for the benefit of the descendants of Mr. Howard Lutnick and his immediate family, through Mr. Brandon Lutnick's position as trustee with decision making control; (c) 530,540 shares of Class A Common Stock held by various trust accounts for the benefit of members of Mr. Howard Lutnick's immediate family, through Mr. Brandon Lutnick's position as trustee with decision making control; (d) 600,938 shares of Class A Common Stock owned of record by KBCR through Mr. Brandon Lutnick's position as manager of KBCR; (e) 2,335,967 shares of Class A Common Stock acquirable upon conversion of 2,335,967 shares of Class B Common Stock held by KBCR; (f) 173,035 shares of Class A Common Stock acquirable upon conversion of 173,035 shares of Class B Common Stock held by LFA, through Mr. Brandon Lutnick's position as manager of LFA; and (g) 50,240 shares of Class A Common Stock owned by LFA. Mr. Kyle Lutnick is the beneficial owner of, and has sole voting and dispositive power with respect to 11,799 shares held in a custodial account for his benefit under the Uniform Gifts to Minors Act. Ms. Edith Lutnick is the beneficial owner of, and has sole voting and dispositive power with respect to, 456,472 shares of Class A Common Stock, comprised of (i) 321,553 shares of Class A Common Stock held by her, (ii) 30,588 shares of Class A Common Stock held in her individual retirement accounts, (iii) 55,137 shares of Class A Common Stock held in Ms. Edith Lutnick's 401(k) account (as of February 3, 2025), (iv) 2,147 shares of Class A Common Stock held in a trust account where she is the sole beneficiary, and 47,047 shares of Class A Common Stock acquirable upon conversion of 47,047 shares of Class B Common Stock held directly. In addition, Ms. Edith Lutnick is the beneficial owner of, and has shared voting and dispositive power with respect to, 186,076 shares of Class A Common Stock, comprised of (i) 39,093 shares of Class A Common Stock held by LFA, attributable to her as holder of the majority of the units of LFA, and (ii) 146,983 shares of Class A Common Stock acquirable upon conversion of 146,983 shares of Class B Common Stock held by LFA. Mr. Merkel is the beneficial owner of, and has sole voting and dispositive power with respect to, 54,836 shares of Class A Common Stock, comprised of (i) 9,618 shares of Class A Common Stock held in his individual account, and (ii) 45,218 shares of Class A Common Stock held in Mr. Merkel's 401(k) account (as of February 3, 2025). In addition, Mr. Merkel is the beneficial owner of, and has shared voting and dispositive power with respect to, 6,258 shares of Class A Common Stock held in trusts for the benefit of Mr. Merkel's immediate family, of which Mr. Merkel's spouse is the sole trustee. Mr. Salinas does not beneficially own any shares of Class A Common Stock. On February 18, 2025, Mr. Stuart Fraser and Ms. Allison Lutnick resigned from their executive and/or managerial positions at CFGM and disclosure regarding them is no longer required pursuant to Instruction C to Schedule 13D. As previously reported, CFLP has pledged to Bank of America, N.A., pursuant to a Put and Pledge Agreement, dated as of June 21, 2017 and as most recently amended and restated effective October 5, 2023 with such modifications thereto as necessary to reflect BGC Group's corporate conversion, 10,000,000 shares of Class A Common Stock in connection with a loan program established for certain employees and partners of CFLP and its affiliates. On November 23, 2018, those Class A shares were converted into 10,000,000 shares of Class B Common Stock and remain pledged in connection with the partner loan program. Number of shares and percent of Class A Common Stock beneficially owned by each of the Reporting Persons and the other persons listed below: Number of Shares of Class A Common Stock: Person Number of Shares CFLP 93,340,477 CFGM 96,313,001 Mr. Howard Lutnick 126,887,712 KBCR 2,936,905 Mr. Merkel 61,094 Ms. Edith Lutnick 642,548 Mr. Brandon Lutnick 6,102,258 Mr. Kyle Lutnick 11,799 Mr. Salinas 0 Percent of Class A Common Stock: Person Percentage CFLP 20.0% CFGM 20.5% Mr. Howard Lutnick 26.3% KBCR * Mr. Merkel * Ms. Edith Lutnick * Mr. Brandon Lutnick 1.6% Mr. Kyle Lutnick * Mr. Salinas * * less than 1%

Number of shares of Class A Common Stock beneficially owned as to which the Reporting Persons and each of the other persons listed below has: (i) sole power to vote or direct the vote: Person Number of Shares CFLP 0 CFGM 0 Mr. Howard Lutnick 26,017,697 KBCR 0 Mr. Merkel 54,836 Ms. Edith Lutnick 456,472 Mr. Brandon Lutnick 8,758 Mr. Kyle Lutnick 11,799 Mr. Salinas 0 (ii) shared power to vote or direct the vote: Person Number of Shares CFLP 93,340,477 CFGM 96,313,001 Mr. Howard Lutnick 100,870,015 KBCR 2,936,905 Mr. Merkel 6,258 Ms. Edith Lutnick 186,076 Mr. Brandon Lutnick 6,093,500 Mr. Kyle Lutnick 0 Mr. Salinas 0 (iii) sole power to dispose or to direct the disposition: Person Number of Shares CFLP 0 CFGM 0 Mr. Howard Lutnick 26,017,697 KBCR 0 Mr. Merkel 54,836 Ms. Edith Lutnick 456,472 Mr. Brandon Lutnick 8,758 Mr. Kyle Lutnick 11,799 Mr. Salinas 0 (iv) shared power to dispose of or to direct the disposition: Person Number of Shares CFLP 93,340,477 CFGM 96,313,001 Mr. Howard Lutnick 100,870,015 KBCR 2,936,905 Mr. Merkel 6,258 Ms. Edith Lutnick 186,076 Mr. Brandon Lutnick 6,093,500 Mr. Kyle Lutnick 0 Mr. Salinas 0

On February 5, 2025, BGC accelerated the vesting of 1,304,864 of Mr. Howard Lutnick's restricted stock units ("RSUs") granted under the BGC Group, Inc. Long Term Incentive Plan, which each represented a contingent right to receive one share of Class A Common Stock, delivered less 721,590 shares withheld by BGC for taxes at $9.38 per share, in the amount of 583,274 net shares. The acceleration of the vesting of the RSUs and the withholding of shares for taxes was approved by the Compensation Committee of BGC.

The beneficiaries of the trusts for the benefit of Mr. Howard Lutnick and his family have the right to receive any dividends from, or the proceeds from any sale of, shares of Class A Common Stock held by such trusts. The members of LFA have the right to receive any dividends from, or the proceeds from any sale of, shares of Class A Common Stock held by LFA. Each of CFLP and CFGM has the right to receive any dividends from, or the proceeds from any sale of, shares of Class A Common Stock held by it. The beneficiaries of the trusts for the benefit of Mr. Merkel's immediate family have the right to receive any dividends from, or the proceeds from any sale of, shares of Class A Common Stock held by each of them.

Not Applicable

Item 6 is hereby amended and supplemented with the information contained in Item 4 and Item 5 responsive hereto, which is incorporated by reference herein.

Item 7 is hereby amended and supplemented by adding the following: Exhibit 65 Joint Filing Agreement, dated as of February 19, 2025, by and among the Reporting Persons