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Comment for Proposed Rule 89 FR 48968

  • From: Damien Garnier
    Organization(s):

    Comment No: 74126
    Date: 8/6/2024

    Comment Text:

    Your justification for the proposed event contract rule is inadequate and potentially harmful. The use of buzzwords like "threat to democracy" without supporting evidence is not a sound basis for regulation. These markets serve crucial economic functions and enhance political transparency. Your desire to avoid being an "election cop" does not justify eliminating valuable financial tools. Please reconsider this proposal and provide substantive, data-driven analysis of the actual impacts of these markets before moving forward with this rule. If there is not data or evidence for these severe actions you are taking, you must drop and vote no on this rulemaking.

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