09:48 AM EDT, 09/19/2025 (MT Newswires) -- BlackRock ( BLK ) and Vanguard have sharply reduced the number of meetings with company executives this year amid new guidance that makes it harder to discuss subjects such as climate change and diversity, Reuters reported Friday, citing disclosures.

The development follows guidance in February from the US Securities and Exchange Commission and may leave executives with less investor input on strategy, as well as the possibility of facing surprise critical votes at meetings with shareholders, the report said.

Figures in new disclosures show drops of 28% and 44% for BlackRock ( BLK ) and Vanguard compared with their meetings for year-earlier periods, the report added.

BlackRock ( BLK ) and Vanguard didn't immediately respond to requests for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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