Nathaniel Segal, Counsel at Vedder Price and member of the firm’s Investment Services group, was recently featured in BoardIQ, discussing fee cuts and the questions for directors to consider before approving proposals in the current environment. He addresses the importance of understanding the adviser’s goal, the board’s process for evaluating the proposal, the potential impact of the fee cut on services provided to the fund, how it will be implemented and how the board’s 15(c) process will be affected.

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