Subject: Comment for File No. SR-IEX-2025-02
From: Jon L.
Affiliation:

Jul. 20, 2025

To whom it may concern, 


I am an individual investor. PFOF Brokers and Wholesalers do not represent my interests. They’re only trying to manipulate a narrative against a company (IEX) that truly does support the interests of retail investors, and that also threatens their business model. IEX uses proprietary technology so that entities like Citadel aren’t able to glean order flow data that they can profit from. These corporate leaches do not speak the truth, and in effect expose their own fear of such a company trying to do what IEX is doing. Please disregard their fallacious opinions on the matter. 


Best regards, 
Jonathan Longacre