PHILADELPHIA — At a webinar hosted by the Investment Company Institute (ICI) covering the first year of exchange-traded fund (ETF) share class implementation, Stradley Ronon partner Brian Murphy was invited to share the private-practice perspective among a panel of asset managers, intermediaries and service providers. During the September 24 event, “ETF Share Class — State of Play, Year One,” panelists shared lessons learned from the last year; practical insights into emerging industry practices; and operational, distribution and governance issues that may influence future ETF share class activity. At Stradley Ronon, Brian helps registered investment companies, their boards of directors and investment advisers navigate legal, regulatory and policy issues to achieve their business goals. Brian provides unique insight into the investment management industry as both a former in-house counsel at one of the world’s largest asset management firms and a former lawyer at the U.S. Securities and Exchange Commission. While serving as an in-house counsel, he led multiple legal teams, including the legal team focusing on the firm’s ETF share class structures. About Stradley Ronon Stevens & Young, LLP Counseling clients since 1926, Stradley Ronon has helped private and public companies — from small businesses to Fortune 500 corporations — achieve their goals by providing pragmatic, value-driven legal counsel. With offices coast to coast, our lawyers seamlessly address the full spectrum of our clients’ needs, ranging from sophisticated corporate transactions to complex commercial litigation.