HMA In the News

The SEC’s state-of-the-art market monitoring system is fully operational after 14 years — just in time for legal challenges to kill it.

October 3, 2024

Sherwood News – In an extensive write up about the Consolidated Audit Trail and congressional efforts to tear it down, HMA President & CEO Tyler Gellasch is quoted saying “When the CAT came online, regulators and brokers stopped using OATS, the decades old reporting and surveillance regime,” said Tyler Gellasch, CEO of the Healthy Markets […]

Get Some Control of that CAT

September 20, 2024

Politico Pro Morning Money – HMA was featured in Politico Pro’s Morning Money edition on September 20th. The article stated: FIRST IN MM: SEC, get some control of that CAT — Healthy Markets Association is calling on the SEC to get a better hold on the reins of the Consolidated Audit Trail, or CAT, Declan Harty […]

SEC Approves Stock Quotes in Half-Penny Ticks on Exchanges

September 19, 2024

Bloomberg – In a story about the SEC finalizing new rules for the stock market, Healthy Markets President and CEO Tyler Gellasch is quoted saying ““The system was so complex that most investors didn’t know the rebates and fees resulting from their trading for days or weeks after the trades,” Tyler Gellasch, president and chief […]

SEC finalizes overhaul of stock pricing and exchange fee structure

September 19, 2024

Fortune – In a story about the SEC finalizing new rules for the stock market, Healthy Markets President and CEO Tyler Gellasch is quoted saying ““The system was so complex that most investors didn’t know the rebates and fees resulting from their trading for days or weeks after the trades,” Tyler Gellasch, president and chief […]

Stock trading set for pricing makeover from SEC

September 18, 2024

Politico – In a story about the SEC adopting new stock trading rules, Healthy Markets President and CEO Tyler Gellasch is quoted saying “Investors have been pleading with the SEC for over a decade to reduce brokers’ conflicts of interest in order routing, and after a decade of missteps, the agency is finally doing it.” […]

SEC’s Gensler Sees ESG Plans Thwarted as Biden’s Term Nears End

September 9, 2024

Bloomberg – In a story about SEC Chair Gary Gensler pushing to complete his ESG plans prior to Biden’s term ending, Healthy Markets President & CEO Tyler Gellasch is quoted saying “It’s clear the commission leadership is exhausted and feeling buffeted by the courts, Congress and industry complaints.” (Full Story) 

Outages Plague Trading Platforms During the Stock-Market Selloff

August 5, 2024

WSJ – In a story about outages at brokerage firms on high volume days, Healthy Markets Research Director Chris Nagy is quoted “Every time there’s a large market move, it seems like this happens,” said Chris Nagy, a former managing director at TD Ameritrade who now works for Healthy Markets Association, an investor-advocacy group. “It makes […]

‘Dystopian surveillance, suspicionless seizures’: Wall Street market monitor under attack

August 5, 2024

Politico – In a story about the Consolidated Audit Trail under attack, Healthy Markets President & CEO Tyler Gellasch is quoted saying “This tool is absolutely critical to making sure our markets are not prone to rife manipulation, and it’s absolutely critical to make sure the SEC knows what the markets are doing,” said Tyler […]

Row erupts as CBOE seeks to define exchange boundaries

July 22, 2024

In a story about a CBOE filing seeking to exempt its Order Management System from Exchange oversight, HMA President & CEO Tyler Gellasch is cited in the article stating “Cboe is not the first exchange to attempt to exclude product offerings from the definition of a ‘facility’ of an ‘exchange so as to avoid Commission […]

Jury Finds Archegos Founder Bill Hwang Guilty of Fraud and Racketeering

July 10, 2024

New York Times – In a story about Archegos Bill Hwang being found guilty of fraud, Healthy Markets Preisdent and CEO Tyler Gellash said “the case “makes it clear that banks need to know who has large positions so they can manage their risks.” (Full Story).