In The News

SEC to extend Mifid exemption for US brokers’ research

By Healthy Markets / July 22, 2019

Financial Times – In a story about the SEC extending no-action relief on MiFID II, Healthy Markets Executive Director Tyler Gellasch is quoted stating that “If accurate, this would be a huge — albeit temporary — reprieve for the largest banks, who have been resisting unbundling for decades.” “The SEC would be effectively ensuring that […]

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Cboe speed bump proposal gets mixed reviews

By Healthy Markets / July 18, 2019

Pensions and Investments – In an article about a speed bump proposal by Cboe EDGA, Healthy Markets Executive Director Tyler Gellasch is quoted saying “The proposal should be denied until the SEC can address the complex policy concerns it raises, wrote Healthy Markets Executive Director Tyler Gellasch, paraphrasing Cboe comments from an unrelated proposal that […]

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Fraud Concerns Have Resulted in Stock Exchanges Blocking Listing of Reg A+ IPOs

By Healthy Markets / July 12, 2019

Bitcoin Exchange Guide – In an article about fraudulent IPOs being turned away from exchanges, Healthy Markets Executive Director, Tyler Gellasch is quoted saying “Many of us were concerned as RegA+ was being developed that it would be a disaster for investors. A few years into this experiment and these results are about as bad […]

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Investors Hail SEC Guidelines on Exchanges

By Healthy Markets / July 10, 2019

Pensions & Investments – In an article about new SEC guidelines to SRO on rule filings, Healthy Markets Executive Director Tyler Gellasch is quoted as saying “This SEC seems very focused on how fees and rebates impact both investors and brokers who serve them”. Additionally the article cites Healthy Markets members CalPERS and Clearpool. The […]

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US Funds Call for Rule Change in Response to MiFID II

By Healthy Markets / June 26, 2019

Financial Times – In a joint letter filed by the Council of Institutional Investors, the CFA Institute and the Healthy Markets Association, Tyler Gellasch, Executive Director of Healthy Markets Assocation is quoted saying that “The European rules have added risks and costs for US investors, and it’s past time for the SEC to step in.”  […]

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Regulator Calls on US Exchanges to Justify Increases in Data Fees

By Healthy Markets / May 21, 2019

Financial Times – In a story about theSEC urging stock exchanges to provide more justification for the fees they charge for market data, Healthy Markets Executive Director Tyler Gellasch is quoted noting that “it’s a big deal.” (Full Story).

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Exchanges Face Higher Hurdles in Boosting Data Fees

By Healthy Markets / May 21, 2019

WSJ – In an article about new SEC guidelines that will require more detailed disclosures from SRO’s, Healthy Markets Executive Director, Tyler Gellasch is quoted saying “It’s going to be very hard under the new framework to justify fee increases.” (Full Story).

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Flash Boys Exchange IEX Backs Regulator In Data Fees Fight

By Healthy Markets / May 14, 2019

Financial Times – In a story about the IEX filing an Amicus Breif to the SEC regarding market data fees charged by NYSE and Nasdaq, Tyler Gellasch, Executive Director of Healthy Markets is quoted saying that “the filing from IEX introduces some potentially powerful facts”. Mr. Gellasch further states “it’s easy for the SEC to […]

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Rule 606 Update Nears

By Healthy Markets / April 5, 2019

Markets Media April 5, 2019 – In an article about the upcoming Rule 606 disclosures, Healthy Markets Executive Director Tyler Gellasch is quoted saying “It’s not great as a comparison tool, nor does it help the markets writ large understand the conflicts of interest that the brokers face.”  Gellasch also said “The other downside is, […]

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SEC Puts Transaction Fee Pilot on Hold During Court Challenges

By Healthy Markets / March 29, 2019

Pensions & Investments March 29, 2019 — Tyler Gellasch Executive Director of Healthy Markets was quoted in an article by Hazel Bradford of Pensions and Investments about the Transaction Fee Pilot. (Full Story)

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