HMA In the News

The Federal Reserve is supposed to monitor the nation’s banks for risk. Is it up to the job?

March 22, 2023

from NBC News – In a story about the SVB collapse, HMA President & CEO, Tyler Gellasch is quoted saying ““There will always be bad actors and incompetent management teams, but banking regulators exist to stop them before they make multibillion-dollar messes. And if the regulators can’t do that on the easy stuff, then what […]

Bank Bailouts are Back

March 16, 2023

Washington Monthly – In a story about the collapse of SVB and the Treasury Department’s bail-out plans, Healthy Markets President & CEO Tyler Gellasch is quoted saying “This was an utter failure by San Francisco Fed. The San Francisco Fed should have been demanding SVB hedge the risks and sell the positions as the losses […]

Regional Banks Slammed by Fear of a Broader Financial Crisis

March 14, 2023

New York Times – In a story about the collapse of Silicon Valley Bank, Healthy Markets President & CEO Tyler Gellasch is quoted saying “Silicon Valley catered mainly to the technology start-up community, and Signature Bank was a big lender to New York’s legal and real estate industries. So even if their troubles didn’t pose […]

J.D. Vance wants to know more about those SVB perks for VC crowd

March 1, 2023

Politico – In a story about SVB and special “perks” that were given to some of its clients, Healthy Markets President & CEO Tyler Gellasch said “It’s clear that Silicon Valley Bank was extraordinarily unique in its willingness to offer custom tailored solutions for entrepreneurs to essentially take advantage of their enormous private valuations without […]

Equal Treatment for U.S. Investors

February 28, 2023

Harvard Law School – Howell E. Jackson of Harvard Law School and Healthy Markets President & CEO Tyler Gellasch write an op-ed on the need for equal treatment of U.S. Investors in a MiFID II regime. Full opinion (Here).

SEC to Shorten Stock Settlement Time After Meme Stock Madness

February 15, 2023

Bloomberg – In a story about the Securities and Exchange Commission’s announcement to shorten the settlement cycle to the day after a trade is made, Healthy Markets President & CEO Tyler Gellasch is quoted in the story citing that “The changes are a recognition of the way technology has accelerated the speed of trading. A […]

Robinhood Hits Back at SEC, Warns of Threat to Zero-Commission Trading

February 7, 2023

WSJ – In a story about Robinhood lamenting about payment for order flow, Healthy Markets President & CEO Tyler Gellasch is quoted saying “Any brokers seeking to impose new costs will likely face stiff competition from brokers that have already figured out how to not take PFOF or charge commissions.” (Full Story).

NYSE Glitch Caught Up in Fight Over SEC Rewrite of Trading Rules

February 2, 2023

Think Advisor – In a story about a recent trading glitch on the New York Stock Exchange, Healthy Markets President & CEO Tyler Gellasch is quoted saying “Auctions run by exchanges are subject to myriad rules, and problems like last week’s glitch are exceedingly rare”. (Full Story).

‘They’re boiling the frog’: SEC’s new crypto crackdown roils industry

January 18, 2023

Politico -In a story about the SEC’s crypto crackdown, Healthy Markets President & CEO Tyler Gellasch is quoted saying “In the meantime, the SEC has made clear that it believes there are exchanges offering trading in unregistered securities, said Tyler Gellasch, a former agency attorney who pointed to Coinbase as an example. But the agency […]

Private Funds’ Secretive ‘Side Letter’ Deals Are Targeted by SEC

December 19, 2022

Bloomberg Law – In a story about The Securities and Exchange Commission’s proposal that would prohibit private investment funds from giving “side letters” to chosen investors for preferential terms, Healthy Markets President and CEO Tyler Gellasch is quoted saying “If you’re giving someone else a right that they’ve decided to negotiate, it’s obviously valuable. The […]