Comment Text:
Kalshi's proposed event contracts regarding which party will control each chamber of Congress is not in violation of Rule 40.11, as it does not involve one of the enumerated subjects prohibited by the Rule and it has not been designated as contrary to the public interest by the CFTC.
Because the event contracts are not prohibited by Rule 40.11, and because the contracts provide a legitimate economic hedge based upon the economic impact caused by the governing priorities of the two political parties, the CFTC should lift the stay on trading in Kalsi's proposed event contracts.
