BlackRock (BLK), the world’s largest asset manager, has recently paused meetings with companies involved in shareholder battles. This decision

BlackRock has temporarily paused meetings with some portfolio companies while studying the impact of new reporting rules from the U.S. Securities and Exchange Commission, according to people familiar with the matter.

Under the SEC’s new guidance, undertaking ‘specific actions on a social, environmental, or political policy’ may be seen as a violation.