Stephen P. Bedell

Retired Partner


Stephen P. Bedell is a retired partner and securities litigation lawyer with Foley & Lardner LLP, where he counsels clients on regulatory issues arising in the securities, options, commodities, financial futures and other derivatives markets, as well as the municipal and fixed income markets. Stephen is a member of the Securities Enforcement & Litigation Practice.

In his 36 years of practice, he has represented a diverse array of clearing firms, futures commission merchants, hedge funds, banks, broker-dealers, investment advisors and specialists in every industry arbitration forum and numerous state and federal trial and appellate courts, including the United States Supreme Court. Stephen has regularly represented these clients in significant SEC and SRO investigations and enforcement proceedings.

A seasoned securities litigator in the securities, futures and derivatives markets, Stephen was chair of the Securities and Financial Markets Litigation practice at Gardner Carton & Douglas before joining Foley.


Stephen has spoken regularly at securities and futures industry programs on issues relating financial and sales practice compliance and has published articles on these topics.

Professional Memberships

He has served on the advisory committees of the Chicago Board Options Exchange and National Futures Association relating to financial markets litigation issues. Between 1985 and 1995, Stephen served as a member of the Attorney Registration and Disciplinary Commission.

Recognition *

  • Peer Review Rated as AV Preeminent®, the highest performance rating in the Martindale-Hubbell® Peer Review Ratings™ system
  • Selected for inclusion in the Illinois Super Lawyers® lists (2014 - 2018 and 2021)
  • Selected by his peers for inclusion in The Best Lawyers in America© in the field of Securities Regulation (2013 - 2022)
  • Named the Best Lawyers® 2014 Securities Regulation "Lawyer of the Year" in Chicago


  • Northwestern University School of Law (J.D.)
  • Xavier University (H.A.B.)
    • With Honors


  • Illinois
  • U.S. Supreme Court
  • U.S. Court of Appeals for the First, Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth and Tenth Circuits

*The Illinois Supreme Court does not recognize certifications of specialties in the practice of law and no award or recognition is a requirement to practice law in Illinois.