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Comment for Proposed Rule 89 FR 48968

  • From: Sean Peterson
    Organization(s):

    Comment No: 73879
    Date: 6/27/2024

    Comment Text:

    Running a vineyard in California means I’m constantly at the mercy of political shifts regarding environmental regulations and trade policies. Election prediction markets from Kalshi could offer invaluable insights, helping me make better-informed decisions about crop management and investments. The CFTC's move to ban these markets ignores the practical needs of farmers like me. Accurate data is crucial for our planning, and without it, we are left in a precarious position. For instance, changes in water use policies or tariffs on wine exports can drastically alter our profitability. Understanding potential election outcomes could inform our strategies on irrigation, staffing, and international sales. This is a matter of maintaining our vineyard’s viability in an ever-changing political landscape.

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