Comments of M. Broder on 10-222

Subject: File No. 10-222
From: Michael K Broder
Affiliation: Executive Managing Director, MKB Capital Appreciation Fund, LP

January 9, 2016

Comments Attached:
I believe the SEC should approve the application for IEX to become an exchange for one simple reason: IEX levels the playing field for all. The High Frequency Traders/Trading firms are opposed to the application, because their advantage over the rest of the market will disappear. That is precisely why the IEX application should be approved. The market becomes equal for all. And shouldn't every investor be on an equal playing field regardless of how much money he or she has?

Subject: File No. 10-222 From: Michael K Broder Affiliation: Executive Managing Director, MKB Capital Appreciation Fund, LP

Subject: File No. 10-222
From: Michael K Broder
Affiliation: Executive Managing Director, MKB Capital Appreciation Fund, LP