Re: This new SCHEDULE 13G filed today.
After review IMO the COOP and BOD's are trying to clear up what I feel has been a failure by COOP and BOD to not disclose any group owning more then the 5% ownerships required by SEC.
There is two groups as AZ pointed out that own more then the Max per bylaws of 4.75% ownership - they are KKR and Blackrock. They have attempted to skirt their own Bylaws by trying not to group all their entities as one.
So this 13G is stating that all the subs of BlackRock listed below do not own more than 5% individually BUT IMO they are not following SEC rules that require this ownership level to be reported as a group and NOT individually.
Anyway IMO this is good as they are tiring to address ownership before what I feel is more 8K coming soon possible by Friday which is last business day of the month.
Subsidiary
BlackRock Life Limited
BlackRock Advisors, LLC
BlackRock (Netherlands) B.V.
BlackRock Fund Advisors*
BlackRock Institutional Trust Company, National Association
BlackRock Asset Management Ireland Limited
BlackRock Financial Management, Inc.
BlackRock Asset Management Schweiz AG
BlackRock Investment Management, LLC
BlackRock Investment Management (UK) Limited
BlackRock Asset Management Canada Limited
BlackRock Investment Management (Australia) Limited
BlackRock Fund Managers Ltd