BlackRock
Financials
45
out of 100. Number 256 of 512, counting from the worst.
Where BlackRock does well
- Arbitration 2 of 20. Few problems found.
- Renewals 2 of 20. Few problems found.
- No forced arbitration or class-action waiver anywhere in the Terms — disputes are routed to New York state and federal courts, preserving full litigation rights, which is rare among large corporations.
- The Privacy Notice is current (last revised July 31, 2026), detailed, and unusually transparent: it discloses Preqin's data-broker registrations in Texas, California (CPPA), Oregon and Vermont, points Californians to the state's Delete Request and Opt-Out Platform (DROP), honors Global Privacy Control signals as valid opt-outs, does not knowingly sell data of under-16s, promises you 'will not be disadvantaged' for exercising privacy rights, and publishes actual rights-request metrics (e.g., all 10 deletion requests and 3 opt-out-of-sale requests honored, zero denied).
BlackRock's Preqin arm is a data broker: it sells your name, contact details and professional information to paying subscribers who use it for their own marketing.
The fine print
6 clauses and findings from the draft archive, dated 1 October 2026. The plain English comes first; the small print is the company's own words. None of these has been checked yet.
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BlackRock's Preqin arm is a data broker: it sells your name, contact details and professional information to paying subscribers who use it for their own marketing.
Some entities in the BlackRock Group may sell certain PI. For example, Preqin sells Identification data, Contact data, and Professional Information data to its customers who subscribe to certain of our databases for their own purposes, including marketing.
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Your browsing behavior, profile activity and marketing data are handed to ad networks and social media companies for cross-site targeted ads.
We also share for targeted advertising or cross-context behavioral advertising purposes the following categories of PI to advertising networks and social media networks: Profile and Interaction data, Technical data, and Marketing, Behavioral and Communications data.
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They can rewrite the rules whenever they like, for any reason, with no notice — and just visiting the site after the change means you've accepted it.
BLACKROCK RESERVES THE RIGHT TO CHANGE, MODIFY, ADD OR REMOVE PORTIONS OF THESE TERMS AT ANY TIME FOR ANY REASON... SUCH CHANGES SHALL BE EFFECTIVE IMMEDIATELY UPON POSTING.
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If you ask to see, fix or delete your personal data, BlackRock reserves the right to make you pay for it.
To the extent permitted by applicable law or regulation we reserve the right to charge an appropriate fee in connection with you exercising your rights.
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They can cut off your access to the site at any moment, for any reason, without warning — you get no reciprocal right.
BlackRock may terminate your access to the Website for any reason, without prior notice.
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Anything you submit to the site — ideas, know-how, techniques — BlackRock can use for any purpose, forever, with no payment or credit to you.
BlackRock shall be free to use, for any purpose, any ideas, concepts, know-how, or techniques provided by a website user to BlackRock through this Website.
How these were found
Both documents were read directly from blackrock.com via page fetch on October 1, 2026 — no mirrors or archive sites needed. Sources: 'Terms & Conditions | BlackRock' (https://www.blackrock.com/corporate/compliance/terms-conditions — carries a 2021 copyright notice and a 'Dated: July 2013' sub-section, no overall revision date shown) and 'BlackRock Privacy Notice' (https://www.blackrock.com/corporate/compliance/privacy-notice — 'Last revised: July 31, 2026'). The Terms govern the public website; actual fund, iShares product and brokerage-account documents are separate and were not reviewed. The PI sale finding concerns BlackRock's Preqin data-business unit, not iShares retail investor accounts. Scores are editorial judgment; all clauses are from documents actually read.
These notes come from the original draft and are not independent verification.