Subject: Comment for File No. SR-IEX-2025-02
From: Ryan Brady-Toomey
Affiliation:

Jul. 18, 2025

I am an individual investor that feels that brokers and wholesalers
actively work against my interests, rights and data available to me.
Payment For Order Flow Brokers and Wholesalers do not represent my
interests and never have. Their presence in the trading process
currently serve their interests. Their claims to represent myself and
other individual investors are wholly without merit or any truth. Our
markets are currently not free or fair for individual investors, and
PFOF Brokers and Wholesalers want to keep it that way.