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Comment for Proposed Rule 89 FR 48968

  • From: Steven T Fritzsche
    Organization(s):
    Views expressed are my own and do not purport to reflect the views of any other organization.

    Comment No: 74105
    Date: 8/6/2024

    Comment Text:

    I've personally used PredictIt for years and believe the platform is a tool for public service. In an era of unprecedented access to news and informations, finding accurate sources which cut through the hype is at a premium. The team at PredictIt is dedicated to managing a political prediction platform with integrity and transparency. This platform is about data and studying the wisdom of the crowd.

    A shared sentiment among many of my peers is confusion as to why, after years of permitting PredictIt to operate, the CFTC seemed to upend PredictIt without warning or explanation. I urge the CFTC to reconsider its position, and rather to work with PredictIt to correct any issues.

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