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Comment for Industry Filing 23-01

  • From: Robin Dax
    Organization(s):

    Comment No: 72389
    Date: 7/22/2023

    Comment Text:

    The CFTC must reject this proposal for the following reasons:
    Allowing this proposal would undermine the integrity of our elections and our democracy.
    Allowing betting on election outcomes would create strong financial incentives for special interests to manipulate and interfere in our elections.
    Allowing this proposal would 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 would put personal gain ahead of the public interest.
    Allowing this proposal would undermine the principle of one person, one vote – the bedrock of our democracy.

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