Is Third-Party Securities Regulation Having Its Day?
Last year, BlackRock CEO Larry Fink famously fired a warning shot at public company CEOs. In a 2018 letter, he declared that BlackRock—with $6 trill...
Pension Funds Assume Activist Role in Private Equity Investments
For more than a year now, we’ve been talking about a Wall Street phenomenon. Activist and institutional investors, we’ve noted, are increasingly s...
Shareholder Proposals on Gun Safety Could Hit a Bullseye
A priest, a nun, and a rabbi walk into a shareholder meeting. It sounds like the start of a joke, but this proxy season it’s very much a reality for...
BlackRock Pushes ESG & Board Issues in Proxy Guidelines
With more than $6 trillion in assets under management, BlackRock has one of the loudest voices on Wall Street. And lately, the heavyweight investment ...
BlackRock to Businesses: “Contribute to Society”
If you felt the ground shift on Wall Street on Tuesday, it wasn’t an earthquake. The tremor came from a letter that BlackRock founder Laurence Fink ...
Investment Management Firms Pressure Companies to Make Climate Change a Priority
Climate change is real, especially in the investor community. Massive mutual fund firm Vanguard Group, which touts its core purpose as taking “a ...