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Comment for Proposed Rule 89 FR 48968

  • From: Stephen D. Hussar
    Organization(s):
    Private citizen

    Comment No: 73742
    Date: 5/26/2024

    Comment Text:

    I'm commenting on the CFTC's recent proposal on Event Contracts Involving Political Contests as Gaming.

    I have used the site PredictIt.org for many years. I do not think this site should be considered gaming or against the public interest. The site is a useful scientific tool to understand what the general public thinks the outcome of a political contest will be. It is useful to inform polling on political contests, and to understand the outcomes of political races.

    I strongly recommend that the CFTC does NOT ban sites like PredictIt.org from allowing users to stake or risk something of value on the outcome of a political contest.

    Thank you.

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