Subject: File No. 10-222
From: Terry Mollner, Ed.D.
Affiliation: Founder Board Member of Family of Mutual Funds

January 7, 2016

Please approve Investor's Exchange LLC's IEXs application process.

This is very important.

Electronic markets and high-frequency trading (HFT) now comprise over half of all securities trading on both public lit exchanges and unlit dark pools and electronic platforms. This must stop.

See more at: http://unepinquiry.org/publication/electronic-markets/#sthash.VmMFqh7r.dpuf