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BlackRock to pay $2.5 million penalty after SEC disclosure charges

2023-10-25 04:54
The U.S. Securities and Exchanges Commission on Tuesday said it had charged BlackRock Advisors LLC with "failing to
BlackRock to pay $2.5 million penalty after SEC disclosure charges

The U.S. Securities and Exchanges Commission on Tuesday said it had charged BlackRock Advisors LLC with "failing to accurately describe investments in the entertainment industry" for which it has agreed to pay a $2.5 million penalty.

(Reporting by Katharine Jackson and Costas Pitas; editing by Jasper Ward)