07:09 AM EST, 02/21/2025 (MT Newswires) -- BlackRock ( BLK ) has resumed meetings with leaders of its portfolio companies after reviewing new reporting rules from the US Securities and Exchange Commission, Reuters reported Friday citing a statement from a company representative.

BlackRock ( BLK ) said it has now resumed "stewardship engagements" after temporarily pausing the talks to assess new guidance, which requires fund firms to provide more extensive ownership disclosures when they pressure portfolio companies over certain environmental, social, or governance matters, according to the report.

The asset manager reportedly said that it "does not use engagement as a way to control publicly traded companies" and that it is complying with the new requirements.

BlackRock ( BLK ) did not immediately respond to MT Newswires' request for comment.

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