Comment Text:
To the Members of the CFTC,
I am writing to express my strong opposition to the proposed ban on event prediction markets, particularly those addressing elections, environmental policies and sustainability outcomes. I see immense potential in Kalshi's prediction markets to monitor public sentiment and forecast regulatory changes impacting natural resource management and conservation efforts. If these political markets were approved, they could provide valuable insights into political developments and legislative trends affecting environmental policies. For example, during future debates on Arctic drilling regulations, prediction markets could help us anticipate shifts in public opinion and regulatory outcomes, guiding advocacy efforts and strategic interventions.
Respectfully,
Theo
