The Securities and Exchange Commission (SEC) brought charges against BlackRock, the world’s largest asset manager, on October 24. The allegation revolves around the misrepresentation of entertainment industry investments. Overseeing over $9.43 trillion in assets, BlackRock inaccurately reported high-interest rates from its investments in Aviron Group, a film production company. BlackRock Fined $2.5M for Reporting Error
The post Breaking: SEC Charges BlackRock Over False Investment Data appeared first on CoinGape.
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