HMA In the News

House passes bill to expand access to private markets

May 31, 2023

Politico Pro – In a story about expanding private markets, Healthy Markets President & CEO Tyler Gellasch is quoted saying “Testing and substantive qualifications would be challenging for regulators to implement. What does a driving test for smaller investors in private markets look like, especially when the investors may not get any information at all […]

Update on Payments for Broker Research

May 25, 2023

Capitol Account – In a story about the upcoming expiration of the SIFMA no-action letter and congressional intervention, Healthy Markets President & CEO Tyler Gellasch is quoted: “Before the vote, Tyler Gellasch, the head of the Healthy Markets Association, had been raising concerns about the measure with congressional staff of both parties. Still, he’s ok […]

US investor interest in China cools as political tensions grow

May 3, 2023

Financial Times – In a story about increasing investor risk on Chinese listed companies in the U.S., Healthy Markets President and CEO Tyler Gellasch is quoted saying “the group had been trying to make sure investors were preparing themselves for the risk of more aggressive US government action, such as restrictions on US citizens investing […]

Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control

May 1, 2023

New York Times – In a story about JP Morgan acquiring First Republic Bank, Healthy Markets President and CEO Tyler Gellasch is quoted saying “Regulators view them as adults and business partners,” said Tyler Gellasch, president of Healthy Markets Association, a Washington-based group that advocates greater transparency in the financial system, referring to big banks […]

Wall St struggles to meet Mifid rules as waiver comes to an end

April 10, 2023

Financial Times – In a story about the SEC not extending the SIFMA “no-action” letter, the Financial Times references a letter sent to the SEC from HMA, CII and the CFA Institute. (Full Story).

Genslers meme stock reforms are meant to help retail traders some investor protection advocates aren’t so sure

April 7, 2023

Marketwatch – In a story about the equity market reforms proposed by the Securities and Exchange Commission, Tyler Gellasch, president and CEO of Healthy Markets Association, has long been an advocate for the sort of market reforms that the SEC proposed in December, but he declined to support the retail order auction proposal in a […]

SEC Weighs Requiring More Disclosure From Private Startups

March 24, 2023

Law 360 – In a story about increasing disclosure from private companies, Healthy Markets President & CEO Tyler Gellasch said “We’ve created this enormous regulatory gap between public companies which are expected to disclose a lot — and that’s only going to increase over time — and private companies that are not expected to really […]

Commentary: SEC’s proposed regulation best execution isn’t the best for institutional investors

March 22, 2023

Pensions & Investments – In an Op-ed authored by Healthy Markets President & CEO Tyler Gellasch regarding the SEC’s proposed regulation best execution which Mr. Gellasch claims that the Securities and Exchange Commission is proposing to eliminate long-standing protections for pension funds, endowments and other institutional customers. (Read the Full Op-ed).

Executive Summary: How Exemptions From Securities Laws Put Investors and the Economy at Risk

March 22, 2023

CAP – In a note authored by the Center for American Progress, Healthy Markets President & CEO helped draft the note as a policy expert. Read the (full note here).

The Federal Reserve is supposed to monitor the nation’s banks for risk. Is it up to the job?

March 22, 2023

from NBC News – In a story about the SVB collapse, HMA President & CEO, Tyler Gellasch is quoted saying ““There will always be bad actors and incompetent management teams, but banking regulators exist to stop them before they make multibillion-dollar messes. And if the regulators can’t do that on the easy stuff, then what […]