Subject: Comment for File No. SR-IEX-2025-02
From: Dan Magnant
Affiliation:

Jul. 19, 2025

Hello, 

I am an individual retail investor. PFOF Brokers and Wholesalers do not represent my interests nor do I think they truly ever will. 
I support this proposal as well as any others that help to make markets more fair and transparent - by increasing competition, increasing reporting requirements, decreasing settlement times, and holding bad parties accountable with harsher penalties. 

Thanks, 
Dan Magnant