Investment Management Partner Quoted in BoardIQ on Debates Over Fund Board Responsibilities

An April 19 article published by BoardIQ discusses the burdens being placed on fund boards as a result of increasing regulations being imposed by the SEC. The piece overviews the dichotomy between board oversight requirements, which as a result of new rules, may veer into boards micromanaging fund operations. Investment management partner Gregory Sheehan (Boston) is quoted in the article outlining how a better use of board directors’ time is to focus on the bigger picture, rather than “getting pulled too far into the weeds.”