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 […]
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).
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).
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 […]
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 […]
WSJ – In a story about the SEC’s proposal to shrink the quoted spread to as little as a tenth of a penny, Healthy Markets President and CEO Tyler Gellasch is quoted saying “What we saw with the misguided Tick Size Pilot was that widening ticks cost investors a lot of money. Hopefully shrinking ticks […]
Washington, D.C. – The Healthy Markets Association (HMA) applauds the Securities and Exchange Commission for proposing several new rules designed to better protect investors, and promote more fair, orderly, and efficient markets. HMA has long advocated for reforms to order execution disclosures, improved transparency and access to better-priced orders, order-by-order competition, and enhancements to best […]
Think Advisor – In a story about the SEC’s upcoming rule proposal on Regulation Best Execution, Healthy Markets President and CEO Tyler Gellasch is quoted saying “By moving a self-regulatory organization rule over to the SEC, you’re going to dramatically improve the chances of robust enforcement — but you also need to update the rule. […]
The Hill – In a story about an upcoming Senate public probe of the FTX collapse, Healthy Markets President & CEO Tyler Gellasch is quoted saying “The fates of crypto investors are now determined by the fine prints of contracts they probably never read, and they took on a lot more risks than they thought […]
WSJ – In a story about how FTX attempted to steer oversight of crypto into the hands of the CFTC who is perceived to be a friendlier regulator than the SEC, Healthy Markets President & CEO Tyler Gellasch is quoted saying “The finances and futures of both the CFTC and FTX were tied together. It […]