Fink Says Federal Regulatory Process Needs Transparency
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BlackRock Inc.’s Laurence D. Fink, chief executive officer of the world’s biggest money manager, said the regulatory process for identifying systemic risks in the financial markets needs to be more transparent.
“Honestly, there’s no dialogue at all,” Fink said today in a telephone interview. “We don’t how how that process is going and unfortunately we learn it through innuendos and leaks.”