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Comment for Industry Filing 23-01

  • From: Besart Copa
    Organization(s):
    Georgetown University

    Comment No: 71975
    Date: 7/21/2023

    Comment Text:



    I am wholeheartedly in favor of Kalshi's contracts. These instruments can bolster the integrity of elections by combating misleading information and offering a decentralized, market-informed forecast of election results, thereby providing a strong alternative to subjective analysis and imperfect polls. Moreover, these contracts serve as practical devices for mitigating political uncertainties, a factor which impacts every individual and business across the United States. It's worth noting that election trading is a prevalent practice overseas and in many other jurisdictions—it should not be prohibited in the United States, but instead, efficiently regulated. Elections aren't mere games; they represent significant economic milestones. It's essential to adhere to legal guidelines in this respect!

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