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BlackRock exposes info on thousands of advisers via website

Posted on January 19, 2019 by Dissent

Bloomberg reports:

BlackRock Inc., the world’s largest asset manager, inadvertently posted confidential information about thousands of financial adviser clients on its website.

The data appeared in three spreadsheets, linked on one of the New York-based company’s web pages dedicated to its iShares exchange-traded funds. The documents included names and email addresses of financial advisers who buy BlackRock’s ETFs on behalf of customers. They also appeared to show the assets under management each adviser had in the firm’s iShares ETFs.

The links were dated Dec. 5, 2018, but it’s unclear how long they were public.

Read more on  Financial Express.

Category: ExposureFinancial SectorOf NoteU.S.

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