BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices
THE CEASE AND DESIST ORDER WAS ISSUED BY MISSISSIPPI SECRETARY OF STATE MICHAEL WATSON.
Mississippi Secretary of State Michael Watson and the Securities Division of the Secretary of State’s Office have issued a “Cease and Desist Order” against asset manager BlackRock, alleging deceptive practices regarding the company’s Environmental, Social, and Governance (ESG) commitments.
The order accuses BlackRock of repeatedly misleading Mississippi …
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