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Comment for Industry Filing 23-01

  • From: Edward LeBlanc
    Organization(s):
    N/A

    Comment No: 71853
    Date: 7/21/2023

    Comment Text:

    It would be one thing for people in other countries to bet on the outcomes of our elections or for the US to allow betting on the outcomes of other countries' elections, but to allow Wall Street to gamble on election results, at the same time that they can spend unlimited amounts of money to influence elections through PACs and call it "Free Speech", would be more cynical than anything else I can think of.

    It would be like pharma concerns being able to bet on people dying while being in the position to deny life saving medication.

    It would be like making a profit on actively burning down democracy.

    It would be wrong.

    Our elections are not a game to be won or lost for financial gain.

    Please REJECT any proposal to allow any form of trading on election results.

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