Roll Call – In a story about the SEC’s proposed adjustments to the definition of an accredited investor, Healthy Markets Executive Director Tyler Gellasch is quoted saying “that the proposal was “extraordinarily permissible” and that he fears the final rule will be even more so. The objectives of the accredited investor definition were established by […]

Financial Advisor IQ – In a story about the SEC broadening the definition of an accredited investor, Healthy Markets Executive Director, Tyler Gellasch is quoted saying “no matter how sophisticated an investor is, “without information and rights, he’s just making a guess.” Healthy Markets is an investor-focused group that aims to educate market participants and […]

Wall Street Journal – In a story about the SEC giving more investors access to the private markets, Healthy Markets Executive Director Tyler Gellasch is quoted “The federal securities laws were established to ensure investors have the information they need about companies to accurately assess the companies’ values and allocate their capital wisely,” said Tyler […]

The Information – In a story about direct listings, Healthy Markets Executive Director Tyler Gellasch is quoted “When you think about how these structures are likely to work, it looks like the goal is to make it easier for larger exits.” (Full Story).

Markets Media – Healthy Markets Association Executive Director Tyler Gellasch moderated a few panels at the Miami conference which included a fireside chat with SEC Commissioner Robert J. Jackson Jr. and a discussion about market data with MEMX CEO Jonathan Kellner and Head of Market Structure for Goldman Sachs Amy Hong. (Full Story).

Wealth Management – In a story about Charles Schwab buying TD Ameritrade, Healthy Markets Executive Director Tyler Gellasch, speaking about antitrust issues is quoted as saying ““Right now, a $500 million asset manager, as a trading entity, doesn’t have relationships with institutional trading desks at bulge bracket banks,” he said. “How will a manager without […]

Markets Media – In a story about market data costs, Healthy Markets Executive Director Tyler Gellasch is quote as saying “As exchange data is a fixed cost for all market participants, the highest-volume banks and market makers end up trading for low cost or no cost, while smaller firms subsidize the largest firms and may […]

Financial Advisor IQ – In a story about the recent Investor Advisory Committee meeting that Healthy Markets Executive Director Tyler Gellasch testified before, Financial Advisor cites to him saying “the idea that these exemptions [discussed in the SEC concept paper] maintain investor protection is laughable.” (Full Story).

Financial Planning – In a story about custody, Healthy Markets Executive Director Tyler Gellasch is quoted saying “I suspect smaller RIAs will welcome competition, but the incumbents offer a lot more than just custody and trading services, and they’ve been doing this a long time.” Gellasch also said “Thousands of physics and engineering Ph.D.s have spent […]

Wall Street Journal – In a story about odd lot trades accounting for more than 50% of all stock market trades, Healthy Markets Executive Director Tyler Gellasch is quoted saying ““Odd lots are a huge part of the markets,” Excluding odd-lot orders from the SIP and best execution statistics misleads customers into thinking they are […]