Comment for Proposed Rule 89 FR 48968
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From:
Samuel Johnson
Organization(s):
Individual
Comment No:
73907
Date:
7/2/2024
Comment Text:
Please reconsider the action taken against PredictIt. Being able to trade event contracts isn't "gambling". I've consistently made a profit, year after year for close to a decade, from trading there. And more importantly the knowledge gained from participating in these markets, determining consensus odds of various geopolitical events, is helpful to frame my more substantial investments. Way better than polling! Please reinstate the no-action letter, and increase the limits on each contract to a more meaningful amount.
Respectfully,
Sam Johnson