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The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.
The $17 billion financial firm fired chief executive Dan Arnold for allegedly violating the company’s code of conduct.
The focus will be on mining earth metals including lithium, zinc, copper and nickel, all crucial metals for battery-making.
The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.
It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.