Not sure how familiar you are with how they grow aquatic plants, but the older outer leaves with the long stems and paddle shaped leaves are the emersed growth. That's right, those leaves have been grown outside of the water. Plant farms do this because a.) most aquarium plants are amphibious and survive partially outside the water during dry season. b.) it's easier for the plants to access CO2 and no water to 'filter' out sunlight and c.) algae won't grow on the leaves. Also the plants are grown very closely together - this maximizes the height as they compete for the light. The submerged growth will look more like a sword (hence the common name "Amazon sword plant").
Here's a photo I took when I visited an aquatic plant farm in Singapore. You can see how they are grown.
You didn't list your conditions, but if the new leaves are coming in distorted or clear, or much smaller and don't grow out after a week or so, then you do need to add some fertilizers. How much light do you have and are you adding in CO2? Looks like you have enough light.
BTW, can't see clearly enough, but the darker green leaf on the left side of your photo looks like a Brazillian sword - Spathiphyllum tasson, which is more of a Terrarium (it won't last over a long time fully submerged).
Hope this helps.
Walter