Comment Text:
Dear Commissioners,
I am writing to share my profound disappointment with the CFTC's proposed rule that bans political election markets, a potential decision that could have detrimental implications for academic research and educational innovation. As an educator, I could integrate Kalshi's election prediction markets into my curriculum to enhance students' understanding of political processes and democratic principles. These markets can serve as invaluable educational tools, offering students real-world applications to analyze electoral dynamics and policy impacts. The proposed ban undermines educational initiatives that promote data literacy and informed citizenship.
Additionally, the CFTC's failure to provide substantiated evidence for prohibiting these markets raises concerns about regulatory transparency and accountability. Instead of restricting access to predictive data, regulators should support initiatives that enrich educational experiences and empower students to become active participants in democratic governance. I ask the Commission to reconsider its stance and collaborate with educators to develop inclusive regulatory frameworks that prioritize learning and civic engagement. I also ask that the CFTC provide sound reasoning for why they are introducing this rule. It appears to be regulation for the sake of regulation -- not protection.
Sincerely,
Jen
