The insurance-dedicated separately managed account market has reached a critical inflection point, moving from theoretical concept to scaled implementation for ultra-high-net-worth clients and family offices. As distribution channels expand across broker-dealers, independent RIAs, and major bank platforms, the competitive landscape is being reshaped by operational infrastructure and multi-channel accessibility rather than investment performance alone.

On 18 November 2025, the European Supervisory Authorities (ESAs) published the first list of designated critical information and communication technology (ICT) third party service providers...

The European Supervisory Authorities have released their inaugural annual report on major ICT-related incidents across the EU financial sector in 2025, revealing 3,383 incidents reported under DORA regulations.

Artisan craft cannot be sidelined in a world of fast fashion, says Italy's leading fashion trade associations, which convened on October 15 for a discussion...

The UK's Financial Conduct Authority has acknowledged that the Consumer Duty, introduced in July 2023, is being applied more broadly than intended, particularly affecting wholesale firms and complex distribution chains. In response, the FCA has published CP26/23, proposing targeted changes to narrow the Duty's territorial scope, clarify its application framework, and ensure more proportionate obligations across distribution chains.

Issuers facing threats of securities litigation have been trying to obtain as much certainty as possible concerning their potential exposure in such lawsuits for years.

Investment advisers may request confidential treatment of certain information in Form ADV and other filings under the Investment Advisers Act of 1940 (Advisers Act)...

Financial Markets and Funds Partner Michael Didiuk spoke with Private Equity Law Report about the trend of fund managers converting private funds into registered funds under the Investment Company Act of 1940.

Securities and Exchange Commission (SEC) Chairman Atkins recently spoke at Fordham Law School for the "25th Annual A.A. Sommer, Jr. Lecture on Corporate, Securities, and Financial Law"...

The prediction markets industry reached a significant milestone. The US Commodity Futures Trading Commission (CFTC) announced the adoption of a Notice of Proposed Rulemaking (NPRM) that proposes a clearer regulatory framework for event contracts and signals the agency’s continued focus on a sector that has experienced rapid growth and increased public attention.

The U.S. Food and Drug Administration (FDA) has introduced a new pilot program to prioritize Abbreviated New Drug Applications (ANDAs) for generic drugs that utilize U.S.-based manufacturing...

The U.S. Food and Drug Administration (FDA) is offering an opportunity for stakeholders to provide feedback to "advance a broader discussion among the AI healthcare ecosystem."

On November 12, 2025, the New England Journal of Medicine published an article authored by FDA Commissioner Marty Makary and Center for Biologics Evaluation and Research (CBER) Director Vinay Prasad...

In the latest episode of the Turnaround Management Association (TMA) Chicago/Midwest podcast, host Paul Musser sat down with seasoned...

Teneo Senior Managing Director Bernardo Silva joins Katten's Paul Musser to explore the unprecedented distress gripping the wine and spirits industry following a pandemic-induced boom.

Two restructuring partners from Levenfeld Pearlstein discuss the critical decision-making process for distressed middle-market companies facing financial challenges. The conversation explores when bankruptcy filing makes strategic sense versus pursuing alternative restructuring paths, examining factors like timing, cost, and desired outcomes. Their insights draw from decades of experience helping companies navigate financial distress through various legal mechanisms.

At the 2025 ANA Masters of Advertising Law Conference, Katten partners Chris Cole and Kristin Achterhof, joined by Michael Friedman of Whirlpool, led a discussion on the evolving risks facing advertisers and brands.

California governor Gavin Newsom has signed a trio of new privacy measures into law, including a measure to facilitate consumer use of opt-out preference signals (OOPS) on web browsers

Chicago's Jackson Park neighborhood faces gentrification concerns as the Obama Presidential Center draws investment interest, prompting the city to implement a Tenant Opportunity to Purchase Act (TOPA)...

As New York City grapples with a historic housing crisis and rental vacancies at their lowest point in over 50 years, a former housing commissioner makes the case for a controversial Brooklyn development that promises affordable housing, waterfront access, and community improvements. The debate centers on whether blocking imperfect projects worsens the crisis or whether the city should demand more from private developers seeking upzoning approvals.