Michael Peregrine wrote this bylined article about what he called “a new, perhaps unexpected and likely distracting oversight responsibility: managing the personal liability concerns of corporate ‘gatekeepers.’” Such “gatekeepers” see their corporate compliance duties increasingly targeted by enforcement actions and lawsuits, Mr. Peregrine wrote, and he urged boards “to pursue pro-active responses to these concerns in order to assure the continued engagement of its valued ‘gatekeepers.’”
