What is Payment for Order Flow, and Why Should Investors Care?
Watch this short video to learn how brokers often put their own profits ahead of their customers.
In The News
WSJ – In a story about Penalties for technical violations by the SEC to broker-dealers and a subsequent suit brought […]
Bloomberg – In a story about SEC Chair Gary Gensler’s rulemaking agenda, Tyler Gellasch, president and CEO of investor advocacy […]
Politico – In a story about the SEC and Crypto and Congressman Richiue Torres’s 34 page opinion, Healthy Markets President […]
Politico Pro – In a story about the SEC finalizing new money market funds rules, Healthy Markets President and CEO […]
Capitol Account – In an amusing story about certain trade and market making groups providing misleading analysis of the SEC’s […]
Key Initiatives
Concentration and Competition The capital markets are built on the premise of robust competition. In recent years, however, rapid concentration […]
ATS Transparency Initiative: Improving Transparency and Venue Selection Alternative Trading Systems (ATSs) have grown to become integral sources of liquidity […]
Benchmark Integrity Initiative: Managing Risks and Conflicts of Interest Millions of investors have placed trillions of dollars into investment products […]
Public Markets Initiative: Promoting Robust Capital Markets Healthy Markets is working to restore the depth and breadth of the US […]
Best Execution Initiative: Improving Transparency and Reducing Costs With the proliferation of technology-driven trading, it is more important than ever […]
Market Data Initiative: Addressing Conflicts of Interest, Complexity, and Costs Congress and regulators have long espoused the public’s need for […]
Order Routing Transparency Initiative: Improving Transparency, Broker Selection, and Execution Quality In recent years, Congressional hearings, best-selling books, press reports, […]
KEY COMMUNICATIONS WITH REGULATORS, CONGRESS, AND THE ADMINISTRATION: Healthy Markets regularly submits comment letters on regulatory filings and proposals. Here are the most recent – August 1, 2023 HMA comments […]
Read MoreHealthy Markets is an investor-focused non-profit buy-side coalition looking to educate market participants and promote data-driven reforms to market structure. Our members have come together behind one basic principle: