HMA In the News

Biden’s SEC chair likely to take ‘hard look’ at ESG

November 20, 2020

Investment News – In a story about where ESG will be on the SEC’s agenda under a democratic administration, Healthy Markets Executive Director Tyler Gellasch is quoted as saying “The overarching theme for any Democratic chair should be more information for the public and more rights for investors.” (Full Story).

What a Democrat-controlled SEC might look like and what it would mean for markets

November 13, 2020

CNBC – In a trader talk article from CNBC’s Bob Pisani about what a Democrat SEC would prioritize as initiatives, Healthy Markets Executive Director Tyler Gellasch is quoted saying “the SEC has recently moved to make it easier for some people to invest in private companies. The Democrats will likely try to pull more companies […]

Robinhood: How Does it Make Money?

November 6, 2020

Daily Hawker – In a story about how the online broker Robinhood makes money, Healthy Markets Executive Director Tyler Gellasch is quoted saying ““Robinhood’s revenue model could easily disappear. They’ve made it clear that they are comfortable living on this regulatory edge.” (Full Story).

Wall Street’s best blue-wave defense is crew of Trump holdovers

October 26, 2020

Crains – In a story about who will run various Government agencies charged with oversight of the financial markets, Healthy Markets Executive Director Tyler Gellasch is quoted saying “Those people can stay in their jobs and be impactful. Executive branch agencies can turn over immediately, whereas the independent agencies have terms. It often slows things […]

A SPAC is a high-risk but potentially profitable way to get in on the ground floor of a new stock

October 20, 2020

Business Insider – In a story about how SPACs operate, Healthy Markets Executive Director Tyler Gellasch is quoted saying “multiple investors negotiating with issuers and underwriters simultaneously, about specific terms like the offering price, executive compensation, underwriter rights, and multiple other issues”. And, “”It helps if a would-be investor has an existing relationship with a […]

Second Trump term could be boon for private market offerings

October 11, 2020

Investment News – In a story about the SEC expanding private markets, Healthy Markets Executive Director Tyler Gellasch is quoted saying “if there is another GOP-led SEC, it’s likely to go further on private market reform than Clayton did. Jay Clayton has expanded the private markets but hasn’t been as extreme as many GOP policymakers and regulators might […]

US regulators step up battle with spoofing

October 3, 2020

Financial Times – In a story about spoofing securities prices by J.P. Morgan Executive Director of Healthy Markets Tyler Gellasch, said the size of the fine reflected JPMorgan’s status. Gellasch added that poor behaviour in the US Treasuries market, where more than $500bn of debt trades every day, proved to be a wake-up call for authorities. […]

New SEC Rules May Be Good for Business but Not for Investors

September 12, 2020

Barrons – In a story about changes by the Securities and Exchange Commission that include proposals to streamline mutual fund and exchange-traded fund disclosures; new rules on corporate disclosures and regulating proxy advisors; and an expanded definition of “accredited,” investors who are allowed to own nonpublicly traded companies or securities, Healthy Markets Executive Director Tyler Gellasch […]

SEC Gives More Investors Access to Private Equity, Hedge Funds

August 28, 2020

WSJ – In a story about the SEC voting 3-2 to expand the definition of so-called accredited investors to include holders of an entry-level stockbroker’s license, “knowledgeable employees” of nonpublic firms and others, Healthy Markets Executive Director Tyler Gellsch is quoted saying ““Now that they’ve opened this door, there’s going to be a lot of trucks […]

SEC Leaves Door Open For More Private Market Expansion

August 28, 2020

Law 360 – In a story about the SEC’s changes to accredited investor’s, Healthy Markets Executive Director Tyler Gellasch is quoted saying “In Chairman Clayton’s final days, the SEC is continuing its hyperpartisan crusade to exempt people, companies, and industries from the protections of the federal securities laws.” and  “it’s hard to see the SEC denying accredited status […]