Industry to Blass: No Limits on Virtual Board Meetings Required
David Mahaffey was quoted in the article "Industry to Blass: No Limits on Virtual Board Meetings Required," published by Fund Directions [sub. req.d] on August 20, 2020.
The article discusses the fact that placement of regulatory restrictions on permanent in-person meeting relief, in an industry that has proven itself ready after months of work from home, could limit the effectiveness of board oversight.
David comments that "you could imagine [a requirement] that there has to be at least
one board meeting per year, which would make sure that the board does have a chance to get together."