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Comment for Proposed Rule 89 FR 48968

  • From: Ravi Gupta
    Organization(s):

    Comment No: 73983
    Date: 8/5/2024

    Comment Text:

    In my field of work as a software engineer for logistics companies, I've seen how predictive markets can revolutionize supply chain management. Kalshi's proposed election contracts could provide invaluable insights into regulatory changes impacting shipping routes, tariffs, and international trade policies. These insights are crucial for companies like ours to optimize logistics operations, manage costs, and adapt to shifting regulatory landscapes.
    The CFTC's decision to restrict these markets prematurely overlooks their potential to enhance market efficiency and transparency. By extending the comment deadline by another 60 days, stakeholders in the logistics industry would have more time to demonstrate the practical benefits of these contracts through case studies and real-world applications. This would ensure that regulatory decisions are more informed by comprehensive feedback.

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