Subject: File No. 265-33
From: Anonymous
Affiliation: IT

October 25, 2021

Supply and demand are what drives prices. If someone is providing liquidity to the market where did that share come from. Synthetic shares is where they come from. PFOF may beat the bid or ask price but where do those shares come from. Synthetic shares is where they come from. Synthetic shares only cause dilution of the shares outstanding which is fraud in any timeframe, T1, T2, TXXX. Synthetic shares are only profitable if the stock price goes the opposite direction. The conflict of interest in itself is sickening. Match buyers to sellers and sellers to buyers. Stop the fraud. Make the markets fair and protect retail for once. The information is out in public view and the SEC is being watch very closely by millions of people.