Michael Peregrine was quoted in the March 2009 issue of Trustee magazine regarding the increased scrutiny on board of director members as the result of the Sarbanes-Oxley Act and other regulations. "The job is not harder than before [and] Sarbanes-Oxley should not frighten people away," Mr. Peregrine said of potential directors. "Board work is not more risky, it just requires more self-reflection on the qualities of a good board and a better job of managing those duties. Liability is not greater than before, it's just the prism of how the board is looked at that has changed." Mr. Peregrine recommended that board members "be able to explain your fiduciary responsibilities," adding, "If you are informed and alert and do your homework, you should have no problem."