Stradley Ronon Stevens & Young, LLP

Consistently acknowledged in the market as one of the top registered funds lawyers in the United States, Bruce Leto has one of the largest funds practices of any investment management lawyer in the country. Chambers and Partners has stated that “the ‘extremely gifted’ Bruce Leto is noted by observers for his ‘great subject-matter expertise’ and ‘years of both technical and practical experience.’” Bruce is also a member of Stradley Ronon’s board of directors and management committee. For more than three decades, Bruce Leto served as both chair and co-chair of the firm’s nationally recognized investment management practice. Bruce served as the architect of the practice through a period of tremendous growth and success, expanding in size from approximately 10 to more than 70 investment management lawyers, becoming one of the largest nationwide. Advising investment companies, investment advisers, independent trustees and broker-dealers, Bruce’s practice spans securities and corporate law matters relating to pooled investment products, including registered and unregistered, open- and closed-end investment companies. Bruce has handled cutting-edge and transformative regulatory work for some of the largest asset managers in the United States. Notably, he led one of the first and largest exchange-traded fund (ETF) conversions for a global investment firm and its independent directors. Bruce also serves on the Investment Company Institute’s steering committee advising on the modernization of the Investment Company Act of 1940 (’40 Act). He has been recognized by Chambers USA in the Nationwide: Registered Funds category for 16 years and is currently ranked Band 1. He is also a member of the advisory board of BoardIQ, an industry publication that addresses issues confronting investment company independent directors.

Matthew DiClemente

Representing some of the largest investment management firms and fund complexes in the United States, Matthew DiClemente advises registered investment companies and their boards of directors, investment advisers, private funds and broker-dealers in a wide range of regulatory, corporate and transactional matters. He is co-chair of the firm’s nationally recognized investment management practice, overseeing approximately 75 lawyers across nine offices. Matt is also a member of the firm’s board of directors. Under Matt’s tenure as co-chair of the investment management practice, the firm has added to its robust slate of former U.S. Securities and Exchange Commission (SEC) staff; expanded client services to include emerging areas of law such as environmental, social and governance (ESG), fintech, roboadvisers and alternative investment products; and has grown into a market leader in exchange-traded funds (ETFs), becoming one of the largest investment management practices in the United States. An accomplished funds lawyer involved in some of the most groundbreaking matters affecting the investment management industry, Matt’s experience includes counseling open-end, closed-end and interval fund managers and boards on board governance, litigation, insurance, product development, regulation, disclosure and compliance matters; advising derivatives and other complex instruments; and handling mergers and acquisitions involving investment companies and investment advisers. In addition, Matt has counseled numerous investment management firms and funds in navigating complex SEC examinations and enforcement proceedings. Prior to joining Stradley Ronon, Matt worked at a Philadelphia law firm, where he represented investment companies and other public companies in regulatory, corporate and transactional matters. He also worked for several years at a registered investment adviser and at a well-known investment bank.