Tag Archives: not-for-profit prediction exchanges

My response to the CFTC on event contracts

Here is my response to the CFTC’s “Concept Release on the Appropriate Regulatory Treatment of Event Contracts.” I appreciate this opportunity to help in working towards regulated prediction markets in the US, and I thank the Commissioners for it. Given … Continue reading

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Tom W. Bell rebuts the puritan and sterile petition organized by the American Enterprise Institute (which has on its payroll Paul Wolfowitz, the bright masterminder of the Iraq war).

Tom W. Bell: The CFTC should not limit “no action” status to markets run by tax-exempt organizations. The no-action letters that the CFTC issued to the IEM emphasized not the nature of the hosting institution, the University of Iowa, but … Continue reading

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The CFTC is going to close the comments in 3 days. We have 3 days left to convince the CFTC to accept FOR-PROFIT prediction exchanges (e.g., InTrade USA or BetFair USA), and counter the puritan and sterile petition organized by the American Enterprise Institute (which has on its payroll Paul Wolfowitz, the bright masterminder of the Iraq war).

- ADDRESSES: Comments should be sent to the Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581, Attention: Office of the Secretariat. Comments may be sent by facsimile to 202.418.5521, or by e-mail to secretary@cftc.gov. … Continue reading

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What to think of HedgeStreet’s comment to the CFTC

It’s a very important take. – HedgeStreet’s comment to the CFTC. — (PDF file) – Basically, they are saying: We saw that the CFTC is entertaining the “exemption” way for prediction markets on politics and on other news. You have … Continue reading

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The freshest comments sent to the CFTC

- Jed Christiansen’s comment to the CFTC – (PDF file) – HedgeStreet’s comment to the CFTC. — (PDF file) -

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Let’s Tell the CFTC Where to Go.

Update: I’ve extended the deadline for signing up until 7 p.m. Pacific, Sunday, July 6. Also, I fixed a typo in paragraph 3, changing “denying” to “giving.” (Thanks, Gil!)> The deadline looms for interested parties to respond to the Commodity … Continue reading

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The CFTC is going to close the comments in 4 days. We have 4 days left to convince the CFTC to accept FOR-PROFIT prediction exchanges (e.g., InTrade USA or BetFair USA), and counter the puritan and sterile petition organized by the American Enterprise Institute (which has on its payroll Paul Wolfowitz, the bright masterminder of the Iraq war).

- ADDRESSES: Comments should be sent to the Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581, Attention: Office of the Secretariat. Comments may be sent by facsimile to 202.418.5521, or by e-mail to secretary@cftc.gov. … Continue reading

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The Chicago Mercantile Exchange is not a friend of the prediction markets. Nor is the ISDA.

Will the Chicago Mercantile Exchange write to the CFTC? … asks Google’s Bo Cowgill. That could be… However, I’m not holding my breath. Here’s why. The CME (along side the CBOE and ISDA) represents forces that does not push for … Continue reading

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My question to Jason Ruspini

Jason, thanks for your hard work on this issue. Your 7-page letter to the CFTC is a master document. — (PDF file) What makes you think that your proposals will create more freedom for our prediction exchanges than the CFTC’s … Continue reading

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The freshest comments to the CFTC

- The International Swaps and Derivatives Association‘s comment to the CFTC — (ISDA) — (PDF file) – Jason Ruspini’s comment to the CFTC — (PDF file) -

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