Jason Ruspini on the Economists’ Petition

Chris F. Masse May 11th, 2007

[...] As usual, it’s likely that nothing will actually be *done* as a result of the statement.. and I again don’t put too much weight on the exact text. It’s just a conversation-starter and honestly it’s a complete throw-away given that the CFTC has already said they would not issue a no-action letter - with three of the signers present. [...]

The names, please.

A previous Jason Ruspini comment on the petition, here:

When I saw this I thought the “to” and “from” fields were more important than the exact text, which is mainly a conversation-starter. As Bo points out, the most important thing to do is to fill-in the “to” field. The statement does not seem to be directed at the CFTC since they are already familar with the arguments and have already ruled-out a no-action decision, though it might re-open a conversation.

Previous: Steve Levitt of Freakonomics: I WON’T SIGN YOUR PETITION, BOB. + Chris Masse’s comment on the Freakonomics’ blog post about the legality of US prediction markets + Safe Harbor Letter too Timid - by Chris Hibbert