Stephanie A. Capistron advises U.S. registered investment companies and their investment advisers on a wide variety of regulatory, compliance and corporate matters, including the development and launch of new funds, regulatory and compliance matters relating to existing funds, fund reorganizations and requests for exemptive relief from the Securities and Exchange Commission. Ms. Capistron also regularly provides advice on affiliated transaction matters under the Investment Company Act of 1940.

Ms. Capistron has significant experience assisting mutual fund sponsors launch exchange-traded fund business lines, including advice with respect to fund structure, disclosure and listing requirements, and development of compliance programs for exchange-traded funds.

She also advises boards of directors/trustees of U.S. registered investment companies on fund governance and fiduciary oversight matters, including director/trustee independence and regulatory examinations.

Ms. Capistron has been ranked in Chambers USA as an “Up and Coming” Lawyer for Hedge & Mutual Funds in Massachusetts. In the most recent edition, a client noted: “She's very intelligent - she's exceptional. She really understands the organization's perspective.” Past editions stated that she is “praised as a terrific lawyer” and “noted for her considerable skill in advising on complex compliance, governance and fund development matters.” Ms. Capistron has been recognized for excellence in investment funds in the Euromoney/Legal Media Group’s Americas Rising Stars Awards (2019 and 2020). She has also been recognized in The Legal 500 (U.S.) in the area of mutual/registered funds.

Prior to rejoining Dechert in 2014, she was employed as counsel at a large investment management firm.

    • Providence College, B.A., 2005, summa cum laude
    • Boston College Law School, J.D., 2008, magna cum laude
    • Massachusetts
    • Basics of Mutual Funds and Other Registered Investment Companies 2021 — Presented by the Practising Law Institute, Webcast (April 21, 2021)
    • Valuation Developments: Board Perspective — Dechert webinar presented at the IDC Fund Directors Conference (October 22, 2020)
    • Proposed Rule 2a-5 Fair Value Determination — 2020 ICI 's Tax and Accounting Conference, Webcast (September 29, 2020)
    • Disclosures and Communications with U.S. Fund Investors in the Current Environment — Dechert LLP, COVID-19 Coronavirus Business Impact Webinar (April 7, 2020)
    • Current Issues for Asset Managers — SIFMA'S Compliance & Legal Society Boston Regional Seminar, Boston, MA (May 21, 2019)
    • SEC ETF Rule Proposal — 2018 San Francisco Investment Management Symposium, San Francisco, CA (November 13, 2018)
    • SEC Proposes Rule to Allow Most ETFs to Operate without Exemptive Relief — Dechert LLP, Webinar (July 25, 2018)
    • Employment Issues in the Asset Management Industry Seminar — Dechert LLP, Boston, MA (May 10, 2018)
    • Current Developments Affecting the Fund Industry — San Antonio, TX (March 20, 2018)