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Comment for Proposed Rule 89 FR 48968

  • From: Marcus Brown
    Organization(s):

    Comment No: 74178
    Date: 8/7/2024

    Comment Text:

    I'm reaching out with a deep sense of commitment to my responsibility as a financial advisor, serving clients whose assets stand to be significantly affected by the policy changes on the horizon. The beauty of Kalshi's election contracts lies in their ability to cast a light forward into the future, where shifts in tax policy, new financial regulations, and other economic factors could take us by surprise. With these tools, advisors like me can better prepare, adjust and strategize to protect and maximize the financial health of the families that depend on us. However, the CFTC's current proposal to tighten control on these markets threatens to reduce our capacity to operate with full awareness and agility. In limiting us, you remove a crucial compass as we navigate this ever-evolving fiscal landscape. These contracts are more than mere financial instruments; they are the keys to cultivating lasting stability and growth for our clients, enabling them to approach their futures with confidence and assurance. I urge you to reconsider this rule, for in these decisions lie the potential to further empower—or unintentionally hinder—the careful, thoughtful financial planning that creates a legacy of prosperity for generations to come.

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