Roughly every 3 years, @BlackRock is required by law to apply for "blanket authorization" from the Federal Energy Regulatory Commission (FERC) to acquire and hold over $10 million (and/or 10% ownership) in voting shares of multiple public utilities. Houston they have a problem - The Great Awakening

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Roughly every 3 years, @BlackRock is required by law to apply for "blanket authorization" from the Federal Energy Regulatory Commission (FERC) to acquire and hold over $10 million (and/or 10% ownership) in voting shares of multiple public utilities. Houston they have a problem (twitter.com)

posted 12 days ago by seernewday 12 days ago by seernewday +94 / -0

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– seernewday [S] 7 points 12 days ago +7 / -0

@BlackRock is currently in the process of re-applying for "blanket authorization" from FERC.

Last week, both @ConsumersFirst and 19 state Attorneys General filed motions with FERC, seeking to bar @BlackRock from receiving this authorization

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