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Comment for Industry Filing 23-01

  • From: Hillal Aouam
    Organization(s):

    Comment No: 72631
    Date: 7/23/2023

    Comment Text:

    I am writing to express my strong support for the approval and establishment of election markets in the United States.

    As a firm believer in the democratic process and the importance of transparent and unbiased forecasting, I firmly believe that election markets can play a pivotal role in our society. These markets provide a unique opportunity to predict election outcomes based on real-time data and expert analysis, thus empowering voters and promoting an informed electorate.

    Moreover, by embracing election markets, we can take a significant step towards combating disinformation and baseless speculation during election periods. Having a reliable platform for trading election-related contracts can help filter out unfounded claims and provide a more accurate representation of public sentiment.

    I am aware of Kalshi's ongoing efforts in advocating for these markets, and I commend your dedication to this cause. I have read the dissenting opinions of Commissioner Pham and Commissioner Mersinger, which highlight the significance of this issue and the need for further consideration.

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