April 20, 2015
BlackRock Advisors, LLC, Bartholomew A. Battista
SANCTION AMOUNT: 12,060,000.00
Defendants: BlackRock Advisors, LLC
Bartholomew A. Battista
Sanction based on alleged failure to disclose a conflict of interest created by the outside business activity of a portfolio manager, whose outside business would up being the largest holding of the largest fund managed by the portfolio manager for BlackRock.
- Key Docs
- Official SEC press release