Comment Text:
This concerns election gambling:
this proposal hurts the public interest and why the CFTC must reject it:
• Allowing this proposal will undermine the integrity of our elections and our democracy.
• Allowing betting on election outcomes will create strong financial incentives for special interests to manipulate and interfere in our elections.
• Allowing this proposal will reduce voter confidence, and lead to a perception that election outcomes are not solely determined by voters’ choices, but also by those who bet on election results.
• Allowing this proposal puts personal gain ahead of the public interest.
• Allowing this proposal undermines the principle of one person, one vote – the bedrock of our democracy.