Stock Clearinghouse to Suspend Data Feed Criticized for Leaking Trading Info

WSJ – In a story about how the Depository Trust Corporation (DTCC) was selling equity trading data that allowed firms who purchased that data to gain information advantages, Healthy Markets President & CEO Tyler Gellasch was quoted in the article stating that “We worry that equities trade-related information sold by DTCC may be used by sophisticated market participants to effectively front-run large orders to the detriment of public pension funds, endowments, mutual-fund investors, and other market participants,” the group, Healthy Markets Association, said in the May 30 letter to SEC Chair Gary Gensler. (Full Story).