BlackRock Resumes Talks With Companies Following SEC Guidance

BlackRock Inc. has restarted its investment stewardship meetings with companies after a short pause used to assess new Securities and Exchange Commission guidelines about the influence of asset managers when they meet with corporations.

The money manager last week “temporarily paused” the corporate engagements and restarted them this week, the New York-based firm said in a Thursday statement.

“We are complying with the new requirements including by highlighting our role as a ‘passive’ investor at the start of each engagement,” the company, which is the world’s largest asset manager, said in the statement. “BlackRock does not use engagement as a ...