Comment Text:
In my career as a financial analyst, accurate and comprehensive data is the cornerstone for assessing market risks, making investment decisions, and ensuring portfolio diversification. Kalshi’s election prediction markets could provide new, valuable data for analyzing political risks and their implications on financial markets. These insights would be instrumental in developing sophisticated risk management strategies, enhancing investor confidence, and promoting market stability. The current proposed rule to prohibit these markets does not take into consideration their full potential to significantly improve financial forecasting and risk mitigation through large-scale hedging.
