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Comment for Industry Filing 23-01

  • From: Sonia Vazquez
    Organization(s):
    Compliance Consulting Services

    Comment No: 71994
    Date: 7/21/2023

    Comment Text:

    I strongly oppose to this proposal because it hurts the public interest. The CFTC must reject it at least because the following:

    1-Allowing this proposal will undermine the integrity of our elections and our democracy.
    2-Allowing betting on election outcomes will create strong financial incentives for special interests to manipulate 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.
    3-Allowing this proposal puts personal gain ahead of the public interest.
    4-Allowing this proposal undermines the principle of one person, one vote – the bedrock of our democracy.

    Hoping you DON’T approve it, I tanks you in advance!

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