Comment for Proposed Rule 89 FR 48968
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Stephanie Rodriguez
Organization(s):
business owner
Comment No:
73865
Date:
6/27/2024
Comment Text:
As a business owner in the hospitality industry, I want to express my support for Kalshi's election contracts. While my profession might not seem directly tied to financial markets, the impact of political changes on my business is significant. Running a hotel means constantly adjusting to changes in regulations, tax policies, and labor laws—all of which are influenced by who controls Congress. These factors affect everything from the cost of supplies to hiring practices. Without a reliable way to hedge against these risks, we are left vulnerable to sudden shifts in the political landscape.
Kalshi’s election contracts are a transparent and regulated way to manage these uncertainties and they provide clear and actionable insights. This allows businesses like mine to plan ahead, make informed decisions, and mitigate potential risks associated with political changes. Whether you think they do or not, these markets truly do benefit everyone! — Even those not directly hedging against political risks contribute to a more accurate and efficient market. Concerns about manipulation are excessive — the rigorous regulatory oversight ensures transparency and integrity. Having access to Kalshi’s election contracts would provide invaluable support for small businesses like mine, helping us navigate the complexities of political risk with greater confidence and stability. Thank you for considering this perspective.
