Tag: Andrew Dean

SEC Charges BlackRock with Failing To Disclose Investments By Publicly Traded Fund Properly it Advised

SEC Charlene Lensburg - October 24, 2023

The U.S. Securities and Exchange Commission (SEC) has taken action against BlackRock Advisors, LLC, an investment advisory firm, for not correctly detailing investments in the entertainment sector that formed a significant part of a fund it managed, which was publicly traded. BlackRock has conceded to settle these charges with a fine of $2.5 million without admitting or denying the SEC's determinations.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.