Outside Publication

Independent Directors: In the SEC’s Crosshairs?, Fund Directions

May 2016

A look at the regulator’s expectations and how directors can make sure they responsibly perform their duties and otherwise try to avoid enforcement.

Are independent directors in the Securities and Exchange Commission’s crosshairs? When the SEC concludes that independent directors have not done their job properly, we think the answer to that question is yes, whether or not shareholders have been harmed.

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