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Nicole Crum was quoted in the article, "ESG Subpoenas Prompting Boards to Scrutinize Product Marketing," published by BoardIQ [sub. req'd] on September 5, 2023.

The article explains that new ESG regulations will necessitate a greater degree of board oversight when it comes to ESG-related marketing. Historically, fund directors typically have not received much information about how their funds are marketed.

"The board is probably not getting reporting on marketing materials in a robust manner," Nicole said. "I do think it would be helpful for fund boards, to the extent they have funds in any way, [to] shape or reform ESG."