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Comment for Proposed Rule 89 FR 48968

  • From: Jerry C
    Organization(s):

    Comment No: 74108
    Date: 8/6/2024

    Comment Text:

    Election prediction markets serve as important risk management tools for businesses and investors. They allow hedging against political and policy risks that may impact operations or portfolios. Banning these markets would remove a legitimate financial instrument. I urge you to develop a regulatory framework that allows their operation under a regulated venue. Right now, only illegal and offshore markets prosper. Can you provide reasoning for why this is the case? Why are you hurting the good guys and letting the bad guys prsoper?

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