Subject: Comment for File No. SR-IEX-2025-02
From: Dave Brodahl
Affiliation:

Jul. 19, 2025

I am an individual retail investor. The use of PFOF by Brokers and Wholesalers do not represent my interests. Over time you can see how the orders are used to influence the market. Any orders executed in Dark Pools are a direct threat against retail investors in the market.