In The News

Legislators ponder cybersecurity of market auditing system

November 30, 2017

But Tyler Gellasch, the executive director of the Healthy Markets Association, argued that the cybersecurity concerns raised by Huizenga and others are little more than a smokescreen to continue to […]

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House Subcommittee Considers CAT Delay

November 30, 2017

Fellow witness, Tyler Gellasch, executive director of the Healthy Markets Association, testified that the use of legal entity identifiers or large trader IDs could provide regulators with an elegant method […]

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Higher data fees prompt backlash against US equity exchanges

November 17, 2017

US equity exchanges increasingly depend on charging for data in a world of rapid-fire automated trading and that has sparked plenty of friction with the broader market. In the latest […]

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Healthy Markets Association Releases Report – US Equity Market Data: How Conflicts of Interest Overwhelm an Outdated Regulatory Model and Market Participants

November 17, 2017

Today, the Healthy Markets Association announced the release of its newest report, US Equity Market Data: How Conflicts of Interest Overwhelm an Outdated Regulatory Model and Market Participants. The [INSERT […]

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Conflicts of Interest Rarely Kept SEC Chairman From Voting

November 16, 2017

On enforcement matters, SEC staff “try to negotiate their way through things to keep it all moving” and avoid complications, said Tyler Gellasch, a former Stein counsel and executive director […]

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MiFID II: The Big Picture

November 2, 2017

The UK’s Financial Conduct Authority drew up MiFID II with two primary concerns: that individual investors were overpaying — albeit indirectly — for research, and that investment advisors were not […]

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Wall Street Resigned to a CAT Delay

October 27, 2017

“It’s not surprising to see so many folks using the SEC’s mishandling of its own data breach to call for yet another delay,” added Tyler Gellasch, executive director of Healthy […]

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U.S. Shields Wall Street From MiFID Threat to Research Model

October 26, 2017

The SEC “went out of its way to make things worse for U.S. retirees and education savers, in an effort to help a few Wall Street banks,” said Tyler Gellasch, […]

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Stock Exchanges Question SEC’s Plan to Revamp Trading

October 19, 2017

Tyler Gellasch, a former SEC lawyer who now leads an industry trade group, said he didn’t think the letter would dissuade the commission from launching the experiment. “It’s aggressive, but […]

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New Skirmish in an Old Battle: Wall Street vs. the Customer

September 29, 2017

“Separately shopping for research and trading will significantly reduce investors’ costs,” said Tyler Gellasch, executive director of the Healthy Markets Association, a nonprofit organization focused on improving the integrity of the […]

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