HMA In the News

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 […]

Stock Prices in Tenths of a Penny Might Be Coming to a Trading Screen Near You

December 18, 2022

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 […]

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.  

December 14, 2022

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 […]

Is SEC Regulation Best Execution a Good Idea? Experts Weigh In

December 8, 2022

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. […]

Senate committee to kick off public probe of FTX collapse

December 1, 2022

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 […]

FTX’s Collapse Upends Sam Bankman-Fried’s Washington Play

November 27, 2022

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 […]

FTX Flipped One Trading Firm’s Risk Obsession. Disaster Followed

November 23, 2022

FA Magazine – In yet another story about Crypto Exchange FTX failure, Healthy Markets President & CEO Tyler Gellasch is quoted saying “When billions of dollars are changing hands, this isn’t a child’s game of Monopoly. You have to have record keeping that looks better than a high school kid’s lemonade stand.” (Full Story).

SEC poses next obstacle in quest to take Trump’s Truth Social public

November 22, 2022

Politico – In a story about the Trump Truth Social SPAC, Healthy Markets President & CEO is quoted saying “The SEC has been extremely skeptical of many SPACs’ claims, both at the time of the initial offering and at the time of the merge. What we’re seeing now is a race for many SPACs to […]