J. Craig Long

Retired Partner


J. Craig Long, a partner and business lawyer with Foley & Lardner LLP since 1993, represents securities broker-dealers, securities exchanges and electronic communications networks (ECNs), and other financial institutions in all facets of securities regulatory and compliance matters. Mr. Long is a member of the firm's Securities, Commodities & Exchange Regulation and Transactional & Securities Practices.

Prior to joining Foley, Mr. Long served as vice president, general counsel, and secretary of the Chicago (then Midwest) Stock Exchange for many years and was responsible for overseeing the legal and regulatory affairs of the Exchange and its subsidiary clearing houses. He also served a short tenure with the Chicago office of the Securities and Exchange Commission prior to joining the Exchange.

Thought Leadership

Mr. Long has served on the Securities Advisory Committee, Office of the Secretary of State, State of Illinois, which counsels the Secretary of State and the Illinois Securities Department about pending initiatives affecting the securities industry. He has frequently served as a panelist at industry conferences on broker-dealer compliance issues.


In recognition of his experience, Mr. Long has been Peer Review Rated as AV® Preeminent™, the highest performance rating in Martindale-Hubbell's peer review rating system.


Mr. Long received his B.A. degree from Colgate University and his J.D. from DePaul University College of Law.

Representative Matters

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Responded to Wells notification by FINRA, acting for itself and under RSAs for the BATS exchange, NYSE ARCA and the Nasdaq stock market, that threatened enforcement action and a member trading firm for alleged OATS and trade marking violations. Drafted and submitted Wells submission on selected issues, and advised the client regarding possible sanctions, as well as litigation and settlement strategy.
This was the first new-equity exchange formed in the United States since the enactment of the Exchange Act in 1934. Responsible for the formation of BATS initially as an Electronic Communications Network and later as a national securities exchange. BATS is now the third-largest stock exchange in the world.