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Comment for Proposed Rule 89 FR 48968

  • From: Paul F
    Organization(s):

    Comment No: 74017
    Date: 8/5/2024

    Comment Text:

    Leading a think tank, I've utilized Kalshi's election prediction markets to analyze geopolitical trends and anticipate shifts in foreign policy priorities. The CFTC's attempt to ban these markets undermines their utility in predicting international reactions to political changes and diplomatic maneuvers. These markets offer valuable insights into potential outcomes of elections that shape global governance and security dynamics. As an international relations expert, I emphasize the importance of extending the comment period to solicit feedback from diplomatic corps, foreign policy analysts, and strategic thinkers who rely on these markets to assess risks and opportunities in international relations. Banning these markets would not only limit our ability to foresee global developments but also hinder efforts to promote stability and cooperation in an increasingly interconnected world.

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