HMA In the News

Senate Plan Would Put Bitcoin, Ether Under Commodity Regulator’s Watch

August 3, 2022

WSJ – In a story about the U.S. Senate putting Cryptocurrency to the CFTC which would then need to develop rules to oversee the markets, Healthy Markets Executive Director Tyler Gellasch is quoted saying “How robust would they be and how long would that take?” (Full Story).

SEC: Coinbase has listed securities on its exchange

July 22, 2022

Politico Pro – In a story about Coinbase listing securities on its exchange, Healthy Markets Executive Director Tyler Gellasch is quoted saying “It’s been pretty obvious for anyone paying attention that, for quite some time, a large number of trading platforms are trading unregistered securities and that they themselves are not appropriately registered.”  (Full Story).

GameStop trading nearly destroyed Robinhood

July 5, 2022

Quartz – In a story about the Congressional report on the meme stock issues, Healthy Markets Executive Director Tyler Gellasch is quoted saying “That Robinhood was able to get out of this debacle was nothing short of a miracle. It is the equivalent of a four-engine plane losing all four engines at 30,000 feet and […]

Congress Stock Trading Leads to Major Conflicts of Interest

June 12, 2022

Teen Vouge – In a story about Congressional stock trading rules, Healthy Markets Executive Director is quoted throughout the story. “A few years after the global financial crisis of 2008, there was investigative reporting that identified a number of members of Congress [who] had been trading stocks while the economy was cratering and the bailouts were being […]

How Elon Musk’s Twitter takeover may help change stock market rules

June 8, 2022

Politico – In a story about Elon Musk’s twitter stock purchases, Healthy Markets Executive Director Tyler Gellasch is quoted throughout the story. Of Mr. Musk’s Twitter stock purchases and the SEC’s quest to shorten the deadline for big shareholders to disclose their positions Mr. Gellasch said “Any delay whatsoever creates a huge opportunity for abuse […]

Crypto lobbying hits fever pitch as Bitcoin’s favorite senator finishes bill

June 6, 2022

Politico – In a story about a bill being introduced by Senators Lummis and Gillibrand regarding Crypto, Healthy Markets Executive Director Tyler Gellasch was quoted saying “The challenge with creating any legislation on digital assets is, most if not everything is covered by existing law. The question then becomes, what are you trying to get […]

Customers at Many Crypto Platforms Could Lose Funds in a Bankruptcy

May 17, 2022

Barron’s – In a story about the impact of crypto currency price declines, Healthy Markets Executive Director Tyler Gellasch is quoted saying “The issue is that—unlike with stock accounts where brokers are required to segregate customer assets—some crypto trading platforms commingle funds from many customers. I don’t think there’s any reasonable way for a retail […]

Plunge in crypto values boosts calls for regulations

May 15, 2022

The Hill – In a story about the decline of crypto asset prices, Healthy Markets Executive Director Tyler Gellasch is quoted saying “When the integrity of the system overall is questioned and not reliable, people will walk away. There’s a reason why deposit insurance is important: It prevents runs on the bank. What we’re really […]

Crypto’s plummet tests the durability of a hyperdrive industry

May 13, 2022

Washington Post – In a story about crypto prices plummeting, Healthy Markets Executive Director Tyler Gellasch is quoted saying “traditional financial institutions have missed too many years of booming crypto values to be dissuaded from the crypto market now. “Concerns over fraud, volatility, and regulatory uncertainty kept many traditional financial firms on the sidelines for […]

Elon Musk acquires Twitter for roughly $44 billion

April 26, 2022

Washington Post – In a story about billionaire Elon Musk buying Twitter, Healthy Markets Executive Director Tyler Gellasch is quoted saying “Regulators could raise objections to Musk potentially collateralizing the purchase with Tesla stock. This is buying a lot of one company by borrowing against billions of dollars in shares of another company, and that […]