Skadden, Arps, Slate, Meagher & Flom LLP has announced the addition of Tim Elliott as a partner in its Chicago office, focusing on derivatives and financial services regulation. Elliott brings extensive experience advising exchanges, clearinghouses, trading platforms, proprietary trading firms, brokerages, investment managers, and other market participants before the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and other federal and global regulatory agencies and self-regulatory organizations. ([skadden.com](https://www.skadden.com/about/news-and-rankings?hassearched=true&office=74507339-7adf-4528-ba0d-000000000082&panelid=tab-find-mode&type=79176b79-46d7-4572-a79a-28221e6e0d04&utm_source=openai))
Prior to joining Skadden, Elliott served as General Counsel at the National Futures Association (NFA), the self-regulatory organization for the U.S. derivatives industry. In this role, he was responsible for overseeing the organization’s legal and compliance functions, providing guidance on regulatory matters, and ensuring adherence to industry standards. His tenure at the NFA equipped him with a deep understanding of the regulatory landscape governing futures and derivatives markets.
Skadden’s Chicago office, established in 1984, offers a range of transactional, litigation, and regulatory services to clients operating both locally and internationally. The addition of Elliott is part of the firm’s ongoing efforts to enhance its capabilities in financial services regulation and derivatives law. ([skadden.com](https://www.skadden.com/locations/americas/chicago?utm_source=openai))
In recent years, Skadden has strategically expanded its team by bringing in professionals with significant regulatory and industry experience. For instance, in September 2025, the firm welcomed Aaron Washington, a former senior attorney from the SEC’s Division of Trading and Markets, to advise on securities regulation, including broker-dealer and digital asset regulation. ([skadden.com](https://www.skadden.com/about/news-and-rankings/news/2025/09/former-sec-trading-and-markets-special-counsel-aaron-washington-joins-skadden?utm_source=openai))
Similarly, in May 2026, Skadden appointed Drew Barber, former General Counsel at Collins Aerospace, as a partner in its M&A practice in Boston. Barber’s practice focuses on advising clients across industries on mergers, acquisitions, and divestitures, as well as corporate governance and other corporate and securities law matters. ([news.bloomberglaw.com](https://news.bloomberglaw.com/daily-labor-report/skadden-hires-former-aerospace-general-counsel-barber-in-boston?utm_source=openai))
These strategic hires underscore Skadden’s commitment to strengthening its regulatory and transactional practices by integrating professionals with substantial industry and governmental experience. The addition of Tim Elliott is expected to further bolster the firm’s ability to navigate complex regulatory environments and provide comprehensive counsel to clients in the financial services sector.