In The News

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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Banks Lobbying to Stem MiFID II Spread Sparks US Client Revolt

September 26, 2017

“It’s understandable that some very large firms that provide research and trading would want to preserve a cash cow,” said Tyler Gellasch, who runs the Healthy Markets Association, whose members […]

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Dalia Blass could tackle fiduciary standard as first order of business at SEC

September 6, 2017

Ms. Blass has the chops to navigate a controversial rulemaking like fiduciary duty, according to Tyler Gellasch, executive director of the Healthy Markets Association and a former counsel to SEC […]

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Treasury Preps Market Review

August 17, 2017

“Just by the number of meetings they have been having and the discussions, there are signs that this is not a knee-jerk, ideological report but a much more thoughtful and […]

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Wall Street Wins Round in Fight With Exchanges Over Audit System

July 10, 2017

“It’s not surprising that the funding structure is under scrutiny,” said Tyler Gellasch, a former SEC official who’s now at the Healthy Markets Association, a market-structure advisory group with members including OppenheimerFunds […]

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College Kids Pitched on a Secret Stock Exchange to Help Pay Off Student Debt

April 20, 2017

“Its structure is very unusual in retail trading,” said Tyler Gellasch, executive director of the Healthy Markets Association and a former SEC counsel. “I would expect regulators might have a […]

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