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(CHICAGO) Katten announced today that its Sports and Sports Facilities Partner and Co-Chair Daniel Render served as the legal advisor to Major League Soccer (MLS) team Columbus Crew (Crew) in the expansion of its 15-plus year partnership with leading lawn and garden products provider ScottsMiracle-Gro Company for a multiyear stadium naming rights agreement.

In 2016, and again in 2018, Commodity Futures Trading Commission (CFTC) staff issued no-action letters permitting Futures Commission Merchants (FCMs) to deposit securities pledged by their foreign futures customers with a foreign broker affiliate of the FCM under a limited right of use in favor of the foreign broker.

The Institutional Limited Partners Association (ILPA) has released an updated Capital Call & Distribution Template (CC&D Template) to standardise the accounting details embedded in call and distribution notices and to align the template with the updated ILPA Reporting Template and the new ILPA Performance Template. The updated template is intended to supplement existing General Partner (GP) call and distribution notices. ILPA undertook a broad, industry‑wide process, including a nine‑week public comment period with nearly 50 responses, to finalise the design.

Delayed slightly by the recent government shutdown, the Division of Examinations (the Division) of the Securities and Exchange Commission (SEC) recently published its fiscal year 2026 examination priorities (the Priorities). The Priorities include specific examination areas relating to investment advisers, broker-dealers, self-regulatory organizations, investment companies and other financial market participants.

For firms seeking to broaden retail access, list standardized futures or options on novel underliers (including digital assets), or consolidate their regulatory positioning in US markets, the DCM pathway offers a clear, albeit rigorous, route. The designation process also comes with meaningful responsibilities as a self-regulatory organization (SRO) and a comprehensive framework of DCM Core Principles (some of which are discussed below). Implementation of these rules is required as soon as a DCM is designated by the CFTC and continually maintained thereafter.