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Does Wolbert's derived equivalence between $E_*^R$-local $R$-modules and $R_E$-modules come from a Quillen equivalence?

Let $R$ be a ring spectrum (in the world of EKMM $S$-modules) and let $E$ be a smashing $R$-module. Denote by $R_E$ the $E_*$-localization of $R$. By a theorem of Wolbert (Theorem 2 in Classifying ...
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