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Comment for Industry Filing 23-01

  • From: Janice Dannhauser
    Organization(s):
    INDIVIDUAL

    Comment No: 72014
    Date: 7/21/2023

    Comment Text:

    I know that you know how dangerous election gambling would be for our democracy – and the major influx of big money influence and disinformation that would come with it.

    How this proposal hurts the public:

    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 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 – the bedrock of our democracy.

    The CFTC must reject this proposal to safeguard elections to the citizens of this country.

    Thank you.

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