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Bruce Leto Discusses SEC Emergency Relief for Fund Boards with the Independent Directors Council

May 11, 2020
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PHILADELPHIA – Stradley Ronon Partner Bruce G. Leto participated in an Independent Directors Council (IDC) webinar on May 1. The webinar was entitled “SEC Emergency Relief in Light of COVID-19: An Overview for Fund Boards.” Leto joined panelists Paul Cellupica, the Deputy Director and Chief Counsel of the U.S. Securities and Exchange Commission’s (SEC) Division of Investment Management, Dorothy Donohue, the Deputy General Counsel of Securities Regulation of the Investment Company Institute, and moderator Annette Capretta, the Deputy Managing Director of the IDC.

The IDC supports investment company independent directors in fulfilling their responsibilities to represent the interests of fund shareholders, promotes the highest standards of fund governance for the benefit and protection of fund shareholders, and keeps fund directors informed about issues that affect their ability to fulfill their responsibilities while adapting to the rapidly changing financial services landscape.

Leto is co-chair of Stradley Ronon’s investment management group, one of the premier investment management practices in the country, representing investment company clients with more than 1,500 separate series/funds and assets under management exceeding $2 trillion. Under his leadership, the group has expanded in size from 10 to more than 60 investment management attorneys, becoming the largest such practice in Philadelphia, and one of the largest nationwide. Consistently acknowledged in the market as one of the top registered-funds lawyers in the United States, Leto also serves on Stradley Ronon’s board of directors and its management committee, as well as on the advisory board of BoardIQ, an industry publication that addresses issues confronting investment company independent directors. He is also a member of the outside counsel advisory group of the Investment Company Institute, the leading global association of regulated funds. 

About Stradley Ronon
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 in eight strategic locations, our responsive team of more than 200 attorneys seamlessly addresses the full spectrum of our clients’ needs, ranging from sophisticated corporate transactions to complex commercial litigation.

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