On shareholder vote reforms, BlackRock sits on the fence
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NEW YORK (Reuters) - BlackRock Inc declined to back or reject a regulatory proposal to reform the shareholder resolution process in a long-awaited letter distributed on Thursday, seeking instead a middle ground on a hotly contested, politicized issue.The letter provided by a spokesman for the world's largest asset manager was just one of thousands of comments filed with the U.S. Securities and Exchange Commission (SEC). These were due Monday, but so many were filed they caused a backlog on the..