BlackRock Floating Rate Income Trust (NYSE: BGT) reappoints Charles Park as CCO
Rhea-AI Filing Summary
BLACKROCK FLOATING RATE INCOME TRUST identifies Charles Park as its Chief Compliance Officer in a new insider ownership report. Park previously held this role from June 6, 2014 to June 30, 2023 and has been reappointed effective August 1, 2026. No securities holdings or transactions are reported.
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Key Figures
Prior CCO term start: June 6, 2014
Prior CCO term end: June 30, 2023
Reappointment effective date: August 1, 2026
+1 more
4 metrics
Prior CCO term start
June 6, 2014
Start of Charles Park's earlier service as Chief Compliance Officer
Prior CCO term end
June 30, 2023
End of Charles Park's earlier service as Chief Compliance Officer
Reappointment effective date
August 1, 2026
Effective date of Charles Park's reappointment as Chief Compliance Officer
Reported transactions
0
No securities transactions listed for the reporting person in this Form 3
Key Terms
Chief Compliance Officer, Reporting Person, Issuer
3 terms
Chief Compliance Officer regulatory
"The Reporting Person previously served as Chief Compliance Officer of the Issuer"
The chief compliance officer is the senior executive responsible for making sure a company follows laws, industry rules and its own internal policies, acting like a safety inspector for legal and ethical risks. Investors care because effective compliance reduces the chance of fines, lawsuits, operational disruption and reputational damage, so the officer’s competence and independence can materially affect future profits and risk exposure.
Reporting Person regulatory
"The Reporting Person previously served as Chief Compliance Officer of the Issuer"
Issuer regulatory
"The Reporting Person previously served as Chief Compliance Officer of the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the BGT Form 3 disclose about Charles Park's role?
The Form 3 lists Charles Park as an officer of BLACKROCK FLOATING RATE INCOME TRUST, serving as Chief Compliance Officer. It also notes his prior tenure in this role and his reappointment as Chief Compliance Officer effective August 1, 2026.
When did Charles Park previously serve as Chief Compliance Officer of BGT?
Charles Park previously served as Chief Compliance Officer of BLACKROCK FLOATING RATE INCOME TRUST from June 6, 2014 to June 30, 2023. This earlier period of service is described in the remarks accompanying the insider ownership report.
When is Charles Park’s reappointment as CCO of BGT effective?
His reappointment as Chief Compliance Officer of BLACKROCK FLOATING RATE INCOME TRUST is effective on August 1, 2026. The remarks explicitly state this effective date for his renewed service in the compliance leadership role.
Is Charles Park a director or 10% owner of BLACKROCK FLOATING RATE INCOME TRUST (BGT)?
According to the Form 3, Charles Park is reported solely as an officer, serving as Chief Compliance Officer. The indicators for director and 10% owner are not selected for him in this insider ownership report.