Regulation’s impact on the investment management industry in 2026

Maria leads Deloitte’s Regulatory Remediation practice for financial services and has more than 25 years of experience in financial services. Maria focuses on regulatory and compliance matters for Deloitte’s investment management and wealth clients, including in connection with regulatory investigations on a multitude of issues such as sales practices, conflicts of interest, and fee billing practices. Representative engagements include large-scale remediation projects involving forensic and data analysis; calculating investor harm; rule implementation (including Reg BI, DOL, and the new rules applicable to mutual funds); risk assessments; and performing gap analyses against regulatory requirements and controls assessments, including in connection with SEC enforcement actions and deficiency letters and FINRA investigations. She also has assisted clients with assessing legal and compliance departments for efficiencies and modernization, impact analyses of structuring alternatives around different operating models, mock exams, and regulatory analytics. In her prior role as outside counsel, she has gained significant experience in federal securities laws, including advising on the creation and operation of open-end and closed-end funds, ETFs, business development companies, hedge funds, and managed account platforms as well as on transactional matters such as fund mergers, fund adoptions, and adviser acquisitions. She has advised clients on a broad range of topics, including with respect to regulatory, compliance, and fund governance matters. Additionally, Maria is a former M&A attorney. Prior to joining Deloitte, Ms. Gattuso was most recently a partner at Willkie Farr & Gallagher LLP. Prior to that, she was a partner at Shearman & Sterling LLP.

Meghan is a Manager in Deloitte’s Center for Regulatory Strategy, focused on capital markets, investment management and digital assets regulation and policy. She is an expert on the regulatory environment and regulatory agencies’ rulemaking processes. Based in DC, Meghan has a network of current and former regulators and policymakers, which she leverages to gain insight into current regulatory thinking and approaches on behalf of the firm.