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Bruce Leto Quoted in BoardIQ on Enhanced Reporting by Fund Directors

July 01, 2015
Press Clippings
Stradley Ronon Partner Bruce Leto was quoted discussing recent enhanced reporting being used by directors for fund boards in BoardIQ’s article, “New Practices Emerge for Intermediary, Sub-TA Oversight.” The enhanced reporting is being used to bring attention to specific services and fees, which were included in previously addressed reports but are now being presented with more formality and are allowing directors to get a fuller picture of their fund complex’s distribution and shareholder servicing systems

“Boards usually get this information, but it’s a question of packaging it all together in one place,” says Bruce Leto, a partner at Stradley Ronon, who has been seeing more of this reporting. “It does give them an idea about all the different touch points with these financial intermediaries, which can be helpful.”

To read the entire article, click here (subscription required).

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