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BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices

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.

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Stu Turley
Apr 01, 2024
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Energy News Beat
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BlackRock hit with ‘cease and desist’ after allegedly misleading investors about ESG practices
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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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