Comment Text:
To Whom it may concern,
I'm writing you today to express my support for NOT ALLOWING gambling on our elections.
It is not in the public interest to give the rich new ways of manipulating and extracting profit from our elections. Billionaires who bet on a particular party to win will use any tool at their disposal to ensure that outcome. We cannot give every rich person on Wall Street a reason to manipulate and abuse our democracy in order to maximize their profits.
Billionaires like Jeffrey Yass already rig the rules of our elections by funneling millions into campaigns, ultimately profiting from the policies that their candidates implement once they win. Now, billionaires and Wall Street have found ANOTHER way to profit from elections, allowing them the possibility to skew elections by funding campaigns, and then make all of that money back many times over through their bets. We must not sit by and let the CFTC succumb to pressures from Wall Street to treat our democracy like a commodity.
For the greater good, DO NOT PERMIT GAMBLING on our elections.
Sincerely,
Ken Rosen
