Published 4 days ago • loading... • Updated 2 days ago

BlackRock halts meetings with companies after SEC cracks down on ESG

Summary by Financial Times

Regulator’s rules are part of a broader effort to rein in the power of largest fund managers

9 Articles

All

Left

Center

Right

Benzinga

What's Going On With BlackRock Stock Today? - BlackRock (NYSE:BLK)

BlackRock, Inc. (NYSE:BLK) shares are trading relatively flat on Wednesday. The company has reportedly canceled meetings with companies amid U.S. Securities and Exchange Commission’s new investor activism rules, raising concerns over the future of environmental, social, and governance engagement, The Financial Times reports. The SEC’s recent rule changes, which target the influence of ESG factors in investing, have forced BlackRock to pause its …

3 days ago·New York, United States

Read Full Article

Real Clear Politics

The ESG Fraud Is Unraveling

The ESG movement is coming undone as new research reveals the flaws in its financial claims. Once championed by major firms and political elites, ESG is now facing scrutiny for prioritizing ideology over profitability.

3 days ago·Chicago, United States

Read Full Article

Financial Times

BlackRock halts meetings with companies after SEC cracks down on ESG

Regulator’s rules are part of a broader effort to rein in the power of largest fund managers

3 days ago·London, United Kingdom

Read Full Article

Newsmax

BlackRock Managers Pause Meetings Due to New ESG Rules

3 days ago·Washington, United States

Read Full Article

Semafor

BlackRock paused corporate meetings in wake of new rules on ESG engagement

The ScoopBlackRock called off scheduled engagement meetings with companies after the Securities and Exchange Commission last week walked back guidance that had allowed big index-fund investors to privately press companies on “social and public interest issues” without running afoul of the rules, people familiar with the matter said. It’s a technical change with wide-ranging repercussions that could hasten big investors’ retreat from pushing prog…

4 days ago·New York, United States

Read Full Article

Miller & Chevalier

The ERISA Edit: Court Upholds DOL ESG Rule on Remand | Miller & Chevalier

Publications khospital3 Wed, 02/19/2025 - 16:26 Featured On Alert Type Employee Benefits Alert Include Disclaimer On Date 02.20.2025 Description ESG Investing Rule Survives Loper Bright Challenge On February 14, 2025, the U.S. District Court for the Northern District of Texas found, for the second time, that a 2022 Department of Labor (DOL) rule permitting ERISA fiduciaries to consider non-pecuniary – including environmental, social, and governa…

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year