Mississippi hits BlackRock with cease and desist, threatens massive fine over ESG policies
- Mississippi's Secretary of State sent a cease and desist letter to BlackRock regarding alleged misleading of clients about ESG investing.
- BlackRock claims to prioritize clients' investments while facing backlash and lawsuits for ESG practices.
- BlackRock faced backlash and lawsuits for ESG practices, including potential penalties for misleading investors.
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'Investment companies will not push their political agenda': Mississippi issues BlackRock cease and desist over ESG agenda
Mississippi Secretary of State Michael Watson issued a cease and desist order on Tuesday against asset management company BlackRock, claiming that the firm "repeatedly made false and misleading statements" concerning its environmental, social, and governance agenda, Fox Business reported.Watson, alo...
·United States
Read Full ArticleRed state slaps Wall Street titan with cease and desist order over ‘fraudulent’ claims about green investments
Mississippi Secretary of State Michael Watson sent a cease and desist letter to investment manager giant BlackRock on Tuesday night over claims the company misleads clients about […]
·West Palm Beach, United States
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Leaning Left1Leaning Right9Center1Last UpdatedBias Distribution82% Right
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- 82% of the sources lean Right
82% Right
R 82%
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