SEC's AMAC Recommends Diversity Disclosure Requirements for Fund Boards

Nicole Crum was quoted in the article "SEC's AMAC Recommends Diversity Disclosure Requirements for Fund Boards," which was published by Fund Directions [sub. req.] on July 26, 2021.

In the article, Nicole notes that reporting information is always helpful, and that it would make boards and firms face the problem: "I think [it] is very important that this report explicitly acknowledges bias. A lot of people struggle with accepting that there is bias in the industry, that we, even well-meaning individuals have bias, and we need to implement mechanisms to address it. I think if the starting point can be that there is bias, then we can focus on fixing the problem."