CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Cryptopolitan 2025-02-21 05:41:56

BlackRock continues investment meetings with companies amid stricter SEC rules

BlackRock Inc. has resumed its investment stewardship meetings with companies after a brief pause to review new Securities and Exchange Commission guidelines. The New York-based firm confirmed the restart in a Thursday statement. Last week, the asset manager paused engagements with the corporate sector temporarily, and announced the restart this week. According to BlackRock, this temporary hold allowed the world’s largest asset manager to assess rules that place stricter requirements on firms aiming to influence the conduct of companies in which they invest. “We are complying with the new requirements including by highlighting our role as a ‘passive’ investor at the start of each engagement,” the company said. “BlackRock does not use engagement as a way to control publicly traded companies.” The SEC, now under new leadership since President Donald Trump took office, issued guidance that could treat investors seeking to shape environmental, social, or political matters more like activist hedge funds. These changes mean that asset managers may face more extensive disclosure and regulatory scrutiny if they push for specific corporate actions. Cryptopolitan Academy: How to Write a Web3 Resume That Lands Interviews - FREE Cheat Sheet

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.