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Comment for Proposed Rule 91 FR 12516

  • From: Joshua Moniz
    Organization(s):

    Comment No: 117587
    Date: 4/30/2026

    Comment Text:

    Dear Chairman and Commissioners,


    My name is Joshua Moniz, and I'm a student at the University of Notre Dame studying computer engineering from Massachusetts. I am writing to express my support for well-regulated prediction markets. I am passionate about software engineering but Kalshi has particularly sparked my interest in finance and economics. The accessible nature of Kalshi is a double-edged sword. On one hand, it is a great tool about learning about trading and understanding markets. However, it can easily be abused and misused. I think that there needs to be more education and resources about how "real" Kalshi is. It can feel like just a game, however, it takes analysis and careful research. Also, insider trading is a major concern for me and needs to be addressed.


    Overall, I think that prediction markets hold an important place in society and can be a real tool. However, I do think there are flaws that need to be addressed like insider trading.


    Sincerly,

    Joshua Moniz

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