Sarah Green Carmichael, Columnist

HR Departments Won’t Stop Harassment by Banning Sex

Company policies should focus on abusive behavior, not consensual romance.

No bright line.

Photographer: Manny Carabel/Getty Images

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Mark Wiseman, who was seen by many as a likely heir to BlackRock Inc. Chief Executive Officer Larry Fink, is now out of a job. The details we have are scant. In a memo, Wiseman explained: “I am leaving BlackRock because in recent months I engaged in a consensual relationship with one of our colleagues without reporting it as required by BlackRock’s Relationships at Work Policy.”

An additional wrinkle: This consensual relationship was also an extramarital affair. Wiseman is married to Marcia Moffat, head of BlackRock’s Canadian division.