Comment for Proposed Rule 89 FR 48968
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From:
Mark Taylorson
Organization(s):
Comment No:
74155
Date:
8/6/2024
Comment Text:
Election outcomes shape our collective future and carry significant financial implications for both businesses and individuals. That’s precisely why Kalshi’s initiative to offer political event contracts is so important.
In today’s complex and uncertain risk environment, the ability to hedge against election outcomes is crucial. Such contracts would level the playing field, enabling individuals to trade safely and protect their financial interests. While Wall Street already has access to tools for trading on election outcomes, Kalshi's mission is to bring this access to Main Street.