Stacy Fuller is a partner in Willkie’s Asset Management Department. She advises investment company complexes and advisers on a broad spectrum of regulatory, compliance, transactional and operational issues.
Stacy has significant experience representing exchange-traded funds (ETFs), their sponsors and their boards of trustees. She also advises on complex affiliated transactions, investments in derivatives, changes of control and other transformative corporate transactions. In addition, she steers clients through the SEC’s exemptive applications process.
Stacy has nearly 30 years of experience in private practice and government, including at the SEC’s Division of Investment Management, where her focus included novel ETF and fund-of-funds structures. She also served in the SEC’s Office of General Counsel.
Stacy has significant experience representing exchange-traded funds (ETFs), their sponsors and their boards of trustees. She also advises on complex affiliated transactions, investments in derivatives, changes of control and other transformative corporate transactions. In addition, she steers clients through the SEC’s exemptive applications process.
Stacy has nearly 30 years of experience in private practice and government, including at the SEC’s Division of Investment Management, where her focus included novel ETF and fund-of-funds structures. She also served in the SEC’s Office of General Counsel.
Experience
Prior to joining Willkie, Stacy was a partner at an international law firm.
Before that, Stacy served at the SEC, where she worked on novel ETF and fund-of-funds structures and statutory disqualifications in the Division of Investment Management. Prior to that role, she served in the SEC’s Office of General Counsel.
Before that, Stacy served at the SEC, where she worked on novel ETF and fund-of-funds structures and statutory disqualifications in the Division of Investment Management. Prior to that role, she served in the SEC’s Office of General Counsel.
- Recognized by The Legal 500 United States as a Recommended Lawyer for Mutual/Registered/Exchange-Traded Funds, 2025
- Listed in the Best Lawyers in America® for Mutual Funds Law, 2013-2025
- ETFs Attorney of the Year in Washington D.C., Global Law Experts, 2021
Stacy is a member of the Speakers Bureau of Women in ETFs.
In 2018, Stacy served as co-chair of the Drafting Committee for the comment letter of the American Bar Association’s Subcommittee on Investment Companies and Investment Advisers (of the Committee on the Federal Regulation of Securities within the ABA’s Business Law Section) on the ETF rule, which was then proposed and later adopted by the SEC.
In 2018, Stacy served as co-chair of the Drafting Committee for the comment letter of the American Bar Association’s Subcommittee on Investment Companies and Investment Advisers (of the Committee on the Federal Regulation of Securities within the ABA’s Business Law Section) on the ETF rule, which was then proposed and later adopted by the SEC.
- Co-Author, ETF Handbook, First, Second, Third, Fourth Editions, 2018-2025
- Author, “ETF Continued Listing Standards: Stepping into the Vacuum of Index Regulation,” The Investment Lawyer, Vol. 25, No.1, January 2018
- Author, “The Evolution of Actively Managed Exchange-Traded Funds,” The Review of Securities & Commodities Regulation, Vol. 41, No. 8, April 2008
- Speaker, “Implementation of New SEC Rules,” Investment Management 2022: Current Issues & Trends, Practising Law Institute, July 26, 2022
- Speaker, 3rd Annual ETFGI Global ETF Insights Summit – Canada, December 1, 2021
- Speaker, “Impact of Regulatory Developments on ETFs," 2020 ETF Trading and Market Structure Conference, ETFGI, July 29, 2020
- Speaker, Legal Issues and Board Considerations in ETF Conversions, MFDF Webinar, May 2019
- Speaker, “What’s New for ETFs?”, ICI Securities Law Developments Conference, October 28, 2018
Credentials
Education
University of Virginia School of Law, J.D., 1997 Amherst College, B.A. (cum laude), 1991