Jul. 11, 2025
Recently IMC, Charles Schwab and Citadel submitted a comment letter to the SEC opposing IEX’s newly proposed options exchange. That alone isn’t remarkable, but these three firms make a big deal of the claim that they “represent... a significant portion of retail orders” and therefore represent what’s in retail investors’ best interests. However, I am an individual investor, and PFOF Brokers and Wholesalers do not represent my interests. I fully support IEX's new endeavor. Thank you.