Jul. 10, 2025
I am an individual investor. PFOF Brokers and Wholesalers like IMC, Charles Schwab and Citadel represent their own interests and DO NOT represent mine. When I invest in a stock, my money should go towards price discovery rather than my broker being paid to route my order to a dark pool so that someone like Citadel, Schwab, or IMC can internalize my order and choose the stock price that's best for them and their bottom line. PFOF was originally created by a convicted criminal to manipulate the market and make vast amounts money, at the expense of other's ability to interact in a fair market and level playing field. PFOF should not be legal. In my opinion those who use PFOF to unbalance the market's playing field away from retail have ONLY their interests in mind and should not be allowed to speak for me.