2023 Outlook: Will SEC Allow Hybrid Future or Force Board Meetings into Past?
Nicole Crum was quoted in the article "2023 Outlook: Will SEC Allow Hybrid Future or Force Board Meetings into Past?" which was published by Fund Directions [sub. req'd] on January 26, 2023.
In the article, Fund Directions examines how a number of boards have shifted their expectations for in-person attendance at their meetings in the wake of Covid-19, and they question how the SEC, which prior to the pandemic had had a long history of upholding in-person meeting requirements, will proceed.
On the subject, Nicole notes that as the fund board world looks ahead, trustees are reckoning with the fact that the future of board meetings may not look the same as it did pre-pandemic, and that transition will take time to work itself out.
"People need to be patient with themselves and realize, we did this tremendous pivot [to virtual meetings] and we learned a lot," Nicole adds. "It's OK to have to feel like you have to pivot and learn again. It's fresh. It's not going back to what we had before, necessarily."