BlackRock's Fink applauds SEC plan to scrutinize industry
December 11, 2014 at 15:05 PM EST
Dec 11 (Reuters) - BlackRock's chief executive Larry Fink said he applauds the U.S. Securities and Exchange Commission's plans to step up scrutiny of the risks posed by large asset managers, saying it was a better step than singling out specific firms as posing systemic risk.
