Mississippi Says BlackRock Deceives Investors on ESG Agenda, Orders It to ‘Cease and Desist’

‘Investment companies will not push their political agenda on Mississippians,’ Secretary of State Michael Watson stated. Red state officials put more heat on BlackRock this week, with Mississippi charging that the world’s largest asset manager had misled investors about its support for the progressive environmental social governance movement, also known as ESG, in violation of state securities laws. “Investment companies will not push their political agenda on Mississippians, especially through fraudulent and deceptive means,” Michael Watson, Mississippi’s secretary of state, said in an issued statement. “All citizens should have the...