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Comment Letter.pdf

Better_Markets_Comment_Letter_CFTC_Kalshi_Congressional_Control_Contracts.pdf
Preview of comment letter
🔗 Source: bettermarkets.org
📊 Size: 476 KB
👤 Author: Stephen Hall
⬇️ Downloads: 93

Summary

Better Markets comments on the CFTC's review of KalshiEX, LLC's proposed congressional control contract, arguing it should not be approved due to legal and policy grounds, including violating the statutory and regulatory framework, constituting "gaming" under state and federal law, undermining public faith in markets and elections, and failing to serve the primary purpose of futures markets. The proposal lacks sufficient detail, poses a threat to investors, and could lead to manipulation, contributing to the "gamification" and "retailization" of finance, with potential for abuse and interference in elections.

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Description

Better Markets comments on the CFTC's review of KalshiEX, LLC's proposed congressional control contract, arguing it should not be approved due to legal and...

Technical Information

  • File Format: PDF
  • File Size: 476 KB
  • Pages: 22
  • Language: EN
  • Author: Stephen Hall
  • Total Downloads: 93
  • Last Updated: 1 week ago

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