"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter to acting heads of both agencies.
The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...
Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...
BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...
To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. BlackRock and Tennessee Attorney General Jonathan Skrmetti reached a settlement last week on the state’s ...
The Tennessee lawsuit was the first by a GOP official against an investment firm for its ESG strategy. In November, BlackRock, along with Vanguard Group Inc. and State Street Corp., was sued by ...
The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...