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Comment for Proposed Rule 89 FR 48968

  • From: Gerald Smith
    Organization(s):
    Cattledog Advisory, LLC

    Comment No: 74287
    Date: 8/7/2024

    Comment Text:

    Predictive political markets are not gambling or gaming. They are a reflection of the current risk management assessment of the political landscape, as perceived by educated users with modest stakes invested. In an era when polling data is often flat wrong or manipulated, a open market for political futures is a refreshingly reliable way to anticipate outcomes. It is a tool for risk management and informs business judgement. Removing it serves no purpose, other than to add emphasis to the already mentioned garbage polling data.

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