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November 21, 2024
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BlackRock Decision Unearths FERC Wariness of Investor Influence on Utilities
FERC this week re-upped BlackRock's blanket authorization to buy utility shares.
FERC this week re-upped BlackRock's blanket authorization to buy utility shares. | Shutterstock
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FERC renewed BlackRock's blanket authorization of utility stock purchases, but two commissioners expressed concern about it exerting undue influence.
Company NewsFERC & FederalPublic Policy