Comment for Proposed Rule 89 FR 48968
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From:
Daniel Flaherty
Organization(s):
Technology
Comment No:
74043
Date:
8/5/2024
Comment Text:
Leading a tech startup in Seattle, Kalshi's election and political prediction markets focusing on technology trends could offer a strategic tool for anticipating regulatory changes, market shifts, and technological advancements. These markets can provide insights into policy impacts on tech development, data privacy regulations, and cybersecurity frameworks. For example, forecasting regulatory changes could guide decisions on product development and compliance strategies. Without the CFTC's approval, however, regulatory status and integrity of the regulatory system brought forth by the CFTC could be further confused and diminished—not to mention Seattle's role as a hub for tech entrepreneurship and digital innovation would be undermined.
