Comment for Proposed Rule 89 FR 48968
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From:
CJ Koch
Organization(s):
Comment No:
74089
Date:
8/6/2024
Comment Text:
The CFTC's proposed ban on election markets is misguided. These markets serve as efficient aggregators of public information, often outperforming traditional polls in predicting outcomes. By eliminating them from regulated exchanges, we lose a valuable tool for understanding public sentiment. The Commission should focus on regulating these markets responsibly rather than banning them outright.