Defendant Name: Blackrock Fund Advisors

Defendant Type: Subsidiary of Public Company

Document Reference: IC-32613-s

Document Details

Legal Case Name In the Matter of Blackrock Fund Advisors
Document Name SEC Charges BlackRock Fund Advisors With Causing ETF to Violate the Investment Company Act
Document Date 25-Apr-2017
Document Format Administrative Proceeding
File Number 3-17942
Allegation Type Investment Advisers/Investment Companies
Document Summary On April 25, 2017 the SEC announced that it charged BlackRock Fund Advisors with causing an exchange-traded fund to violate the Investment Company Act.

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order

Related Documents:

IC-32613 25-Apr-2017 Administrative Proceeding
Corrected Order Instituting Cease-and-Desist Proceedings Pursuant to Section 9(f) of the Investment Company Act of 1940, Making Findings, and Imposing a Cease-and-Desist Order
According to the SEC: "1. From December 2010 through January 2015, BlackRock Fund Advisors ("BlackRock FA"), a registered investment adviser, caused iShares MSCI Russia Capped ETF, Inc. ("Russia Fund Company"), a registered investment company it advised, to operate in violation of Sections 22(d) and (e) of the Investment Company Act, and Rule 22c-1 thereunder. "