In The News

NYSE to pay $14m in penalties over market disruptions

By Healthy Markets / March 6, 2018

Tyler Gellasch, executive director of Healthy Markets Association, an investor-focused trade group, said the case “shows the SEC is starting to hold the exchanges accountable for major market disruptions, like August 24”. Read more in the Financial Times.

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NYSE Fined $14 Million by SEC for Series of Rule Violations

By Healthy Markets / March 6, 2018

These “order types could be used to sniff out orders, thereby leading to information leakage that favored floor brokers over other customers,” Tyler Gellasch, executive director of an investor advocacy group called the Healthy Markets Association, wrote in an email. “This is huge” in the context of private lawsuits, he added. Read more in Fortune.

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Healthy Markets Association Announces Expansion of Its Board and Appointment of New members Stuart George, Don Pontes, Jr. and Ray Ross

By Healthy Markets / February 22, 2018

NEW YORK (PRWEB) FEBRUARY 22, 2018 Today, the Healthy Markets Association announced the expansion of its Board of Directors and appointment of three new members, Stuart George, Don Pontes, Jr., and Ray Ross. The new board members are representatives of Healthy Markets members, Macquarie Investment Management, Americas; California Public Employee Retirement System (CalPERS); and Clearpool, respectively. […]

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SEC Nixes CHX Acquisition

By Healthy Markets / February 16, 2018

However, the industry should not view the Commission’s decision as a shot across the bow regarding foreign investment in SROs, according to Tyler Gellasch, executive director of the industry organization Healthy Markets Association. “The structure of the deal and the opacity of the ownership, and accountability, likely made this an easy call for the Commission,” […]

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Most Mini-IPOs Fail the Market Test

By Healthy Markets / February 13, 2018

“Many of us were concerned as RegA+ was being developed that it would be a disaster for investors,” says Tyler Gellasch, a former SEC staffer who now runs the Healthy Markets Association. “A few years into this experiment, and these results are about as bad for investors as anyone could have predicted.” “A market—an entire […]

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Chris Nagy Appears on Fox Business

By Healthy Markets / February 9, 2018

Amidst market turmoil and volatility, Healthy Markets Co-Founder spoke with Fox Business.  Amongst other points, “When we had the ‘Flash Crash’ in 2010, we put in a number of plumbing fixes or infrastructure fixes into the marketplace and by all accounts those have really held up with the volatility.” Click here to see the full clip.

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Amateur Investors Get Burned By Wall Street’s Hottest Trade

By Healthy Markets / February 7, 2018

The availability of such products to individual investors is part of a trend that has given people more control over their finances and retirement. It has also exposed more of them to getting ripped off, said Tyler Gellasch, executive director of Healthy Markets Association, a Washington-based investor-advocacy group. “We don’t want to deny ordinary Americans […]

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Fears grow as exchanges up sales of data

By Healthy Markets / January 22, 2018

Sources interviewed for this story agreed the SEC has not been thorough in its assessment of exchanges’ market data proposals. The SEC generally “rubber stamps” exchange data product proposals, said Tyler Gellasch, executive director of Healthy Markets Association, Washington, a non-profit group of money managers, brokers and pension funds with a combined $1.5 trillion in […]

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Outlook 2018: Tyler Gellasch, Healthy Markets Association

By Healthy Markets / December 31, 2017

Which market structure changes do you expect to take place in 2018?  After years of contemplating reforms to how markets operate, the SEC is finally poised to act. With the European regulators, the NY Attorney General, FINRA, and even the courts driving market structure reforms over the past couple years, we expect the SEC to […]

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Broker-Dealer Firms Raise Alarms That SEC’s CAT Database Isn’t Secure

By Healthy Markets / December 12, 2017

Tyler Gellasch, executive director of the Healthy Markets Association, is against any delay in implementing the CAT. The group is made up of buyside firms – including large asset managers, pension plans and hedge funds – seeking to promote data-driven reform in the U.S. equity market structure. “Exchanges and Finra have not provided new info as […]

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