BlackRock Multi-Sector Income Trust (NYSE: BIT) reappoints compliance officer
Rhea-AI Filing Summary
BlackRock Multi-Sector Income Trust identifies Charles Park as its Chief Compliance Officer. He previously held this role from June 6, 2014 through June 30, 2023 and has been reappointed effective August 1, 2026. No insider transactions or holdings are reported.
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Key Figures
Prior CCO tenure start: June 6, 2014
Prior CCO tenure end: June 30, 2023
Reappointment effective date: August 1, 2026
3 metrics
Prior CCO tenure start
June 6, 2014
Date Charles Park first began serving as Chief Compliance Officer of the issuer
Prior CCO tenure end
June 30, 2023
Date Charles Park’s earlier service as Chief Compliance Officer concluded
Reappointment effective date
August 1, 2026
Effective date of Charles Park’s reappointment as Chief Compliance Officer
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
"Chief Compliance Officer of the Issuer from June 6, 2014 to June 30, 2023"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does BlackRock Multi-Sector Income Trust (BIT) report in this Form 3?
BlackRock Multi-Sector Income Trust reports that Charles Park is its Chief Compliance Officer, noting prior service from June 6, 2014 to June 30, 2023 and his reappointment effective August 1, 2026. No insider transactions or holdings are included.
Who is the reporting person for BlackRock Multi-Sector Income Trust (BIT) in this Form 3?
The reporting person is Charles Park, who is identified as an officer of BlackRock Multi-Sector Income Trust with the title Chief Compliance Officer. He is not listed as a director or a ten percent owner in this Form 3 submission.
When did Charles Park previously serve as Chief Compliance Officer of BIT?
Charles Park previously served as Chief Compliance Officer of BlackRock Multi-Sector Income Trust from June 6, 2014 to June 30, 2023. This period represents his earlier tenure in the same role before the reported reappointment.
When does Charles Park’s reappointment as Chief Compliance Officer of BIT take effect?
His reappointment as Chief Compliance Officer of BlackRock Multi-Sector Income Trust is effective on August 1, 2026. The Form 3 notes this as the effective date for his return to the compliance officer role at the trust.
Does the BlackRock Multi-Sector Income Trust (BIT) Form 3 show any insider trades or holdings for Charles Park?
No. The Form 3 for BlackRock Multi-Sector Income Trust reports no transactions and shows no holding entries for Charles Park. It solely records his status and history as Chief Compliance Officer without any ownership or trading details.