In The News

SEC Commissioner Jackson leaving in February

January 16, 2020

Pensions & Investments – In a story about SEC Commissioner Robert J. Jackson Jr. departing the SEC in February, Healthy Markets Executive Director Tyler Gellasch is quoted saying “Jackson’s commitment to investors, as well as his efforts to work across ideological lines, made him an extremely effective commissioner. I hope to see him return to Washington […]

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Investor Advocates See Risks in Silicon Valley’s Favorite IPO Alternative

January 3, 2020

Wall Street Journal – In a story about Silicon Valley and IPOs, Healthy Markets Executive Director, Tyler Gellasch is quoted as saying “A traditional IPO involves underwriters and other professionals with deep knowledge of the company—and clear legal obligations—helping to set the terms.” (Full Story).

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No inflation adjustment for accredited investor proposal draws criticism

January 3, 2020

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 […]

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SEC Proposes Broader Accredited Investor Definition; Critics Warn of Pitfalls

December 19, 2019

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 […]

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SEC Proposes Giving More Investors Access to Private Markets

December 18, 2019

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 […]

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SEC Stalls Direct Listing Push to Protect Small Investors

December 12, 2019

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).

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Recap of Equity Leaders Summit panels moderated by Healthy Markets Executive Director Tyler Gellasch

December 6, 2019

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).

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Schwab/TD Unlikely to Face Antitrust Challenge

November 26, 2019

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 […]

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Healthy Markets Association Releases Ground-Breaking

November 20, 2019

On November 19, 2019, the Healthy Markets Association released its ground-breaking Research Practices Questionnaire. The Research Practices Questionnaire is intended to assist asset owners and asset managers in assessing the conflicts of interest and costs attendant with their service providers’ research practices. By way of background, for more than two decades, investors and their trade […]

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Market Data and Trading Costs

November 8, 2019

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 […]

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