Comment Text:
Commissioners,
I am a small business owner based in Austin, Texas, where I rely on specific market forecasts, particularly from platforms such as Kalshi, to navigate economic and political uncertainties. These tools are crucial for making strategic decisions that impact my business's growth and adaptability.
The proposed ban on election contracts is disconcerting as it overlooks their role in providing valuable predictive insights and enhancing market transparency for platform users of all kinds. As someone who values informed decision-making and risk management, I believe these contracts play a vital role in our modern economy.
I implore the CFTC to take a collaborative approach that considers the practical benefits of election contracts for businesses like mine. Engaging more actively with stakeholders will ensure that regulatory decisions promote innovation while safeguarding market integrity.
Thank you for your attention to this matter. I look forward to productive discussions on how best to regulate these essential tools for small businesses.
Sincerely,
Megan White
