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Comment for Proposed Rule 89 FR 48968

  • From: Alexander Wigmore
    Organization(s):
    Not affiliated

    Comment No: 73837
    Date: 6/26/2024

    Comment Text:

    I am writing to affirm my support for PredictIt.Org to continue operating as it currently is. It provides valuable insights that combine free markets with information - what could be more American than that!

    The cap on contracts size as well as the small $$ amount per unit has combined to create an environment that allows information to be captured in an incredibly efficient way without much if any downside risk as an "investor." I view the platform as much different than commodities trading or betting -> it is one that drives information with low scale incentives.

    Please do not shut the site down, and do whatever it takes to create a ruling that allows for a continuation of the platform. Tt has proved invaluable to be as an active political observer.

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