BlackRock to Pay $2.5M for Disclosure Errors in Bond Fund
For years, BlackRock inaccurately described Aviron as a “diversified financial services” company, when it was a movie production outfit.
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For years, BlackRock inaccurately described Aviron as a “diversified financial services” company, when it was a movie production outfit.
Washington D.C. -- The Securities and Exchange Commission today charged BlackRock Advisors, LLC, an investment adviser, for failing to accurately describe investments in the entertainment industry...
The Securities and Exchange Commission has charged investment manager Blackrock for failing to properly disclose entertainment investments in a fund it advised.
Wealth management titan charged with failing to accurately describe investments.
The SEC charged the asset manager with describing a marketing firm as a financial services firm.