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Comment for Industry Filing 23-01

  • From: Sahil Morchi
    Organization(s):
    N/A

    Comment No: 71486
    Date: 7/20/2023

    Comment Text:

    Election markets should be allowed as they play a crucial role in society by providing a unique and unbiased way to forecast election outcomes. These markets harness the collective wisdom of participants and aggregate their opinions, making them effective predictors of electoral results. By relying on real financial incentives, they encourage participants to thoroughly research and analyze the political landscape, thereby enhancing the accuracy of predictions. Moreover, election markets serve as a potent tool to combat disinformation, as they rely on verifiable information and market forces to counteract false narratives and rumors. Allowing election markets empowers individuals to make informed decisions and fosters a more transparent and informed democratic process.

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