Comment Text:
The CFTC must reject KalshiEX Congressional Control Contracts. This proposal hurts the public interest in these ways:
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.
