Comment Text:
This is how this proposal hurts the public interest and why the CFTC must reject it:
- allowing this proposal will undermine the integrity of our elections and our democracy;
- allowing betting on election outcomes will create strong financial incentives for special interests to manipulate with and interfere in our elections;
- allowing this proposal will *reduce* voter confidence and lead to a perception that election outcomes are not solely determined by voters’ choices, but also by those who bet on election results;
- allowing this proposal puts personal gain ahead of the public interest;
- allowing this proposal undermines the principle of one person, one vote, which is the bedrock of our democracy.
