Comment Text:
As manager at a retail store, I rely heavily on accurate forecasts to plan inventory levels and marketing strategies effectively. Kalshi's proposed entertainment contracts on award show outcomes would offer invaluable insights into consumer preferences and purchasing behavior. These contracts could help retail businesses like mine anticipate trends and adjust strategies accordingly, ensuring competitive positioning in the market.
The CFTC's decision to limit these markets fails to recognize their role in providing actionable market intelligence that supports small businesses' growth and resilience. By extending the comment period into September, retail stakeholders could more effectively articulate how these markets contribute to informed decision-making and economic stability within the industry. This extension is needed so that regulatory decisions align with the practical needs and challenges faced by retail businesses navigating an increasingly dynamic market environment.
