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Comment for Proposed Rule 89 FR 48968

  • From: Pierce H
    Organization(s):

    Comment No: 74142
    Date: 8/6/2024

    Comment Text:

    The CFTC's proposed rule threatens to stifle responsible innovation in financial markets by imposing unnecessary restrictions on event contracts. This approach could drive market participants to seek more favorable regulatory environments abroad, where they can operate without the same constraints. As a result, the U.S. risks losing its competitive edge in the global financial landscape. Encouraging innovation should be a priority, not a hindrance.

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