Tag Archives: Secretary

What InTrade CEO John Delaney told the CFTC about “event markets” (prediction markets)

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): July 4th 2008 The Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street NW Washington, DC 20581 U.S.A. Attention: Office of the Secretariat RE: “Concept Release … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Analysis (Meta), Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Chris Masse’s second comment to the CFTC on “event markets” (prediction markets)

Chris F. Masse Midas Oracle cfm —— midasoracle —— com chrisfmasse —— gmail —— com July 6th, 2008 Commodity Futures Trading Commission Three Lafayette Centre 1155 21st St. NW Washington D.C. 20581 Attention: Office of the Secretariat- secretary@cftc.gov Reference: Concept … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Analysis (Meta), Exchanges & Markets, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Chris Masse’s first comment to the CFTC on “event markets” (prediction markets)

Chris F. Masse Midas Oracle cfm —– midasoracle —– com chrisfmasse —– gmail —– com July 6th, 2008 Commodity Futures Trading Commission Three Lafayette Centre 1155 21st St. NW Washington D.C. 20581 Attention: Office of the Secretariat- secretary@cftc.gov Reference: Concept … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Analysis (Meta), Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

What Robin Hanson told the CFTC about “event markets” (prediction markets)

Robin Hanson: Date: Mon, 07 Jul 2008 10:12:46 -0400 To: secretary@cftc.gov From: Robin Hanson <rhanson@gmu.edu> Subject: Comment on “Concept Release on the Appropriate Regulatory Treatment of Event Contracts” —————————————————————- I am an event market innovator, having published the first detailed … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Economics, Inventions & Innovations, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 5 Comments

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

Posted in Analysis (Industry), Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Analysis (Industry), Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts

CFTC – (PDF file): CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts – SUMMARY: The Commodity Futures Trading Commission (Commission or CFTC) is soliciting comment on the appropriate regulatory treatment of financial agreements offered by markets commonly … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Analysis (Meta), Exchanges & Markets, Finance, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 24 Comments

Could information go backward in time?

Applied to the psychological arrow of time, that would mean that we could remember the future, instead of the past. We would make a killing on prediction markets if we knew in advance how all contacts would expire. But, in … Continue reading

Posted in Precognition, Science | Tagged , , , , , , , , , , , , , , , , , | 15 Comments

CFTC Requests Public Input on Possible Regulation of “Event Contracts” —a.k.a. event derivative markets, event futures markets, betting markets, bet markets, prediction markets

Via professor Eric Zitzewitz of Dartmouth (one of the top 5 economists studying prediction markets), the CFTC: Release: 5493-08 For Release: May 1, 2008 CFTC Requests Public Input on Possible Regulation of “Event Contracts” Washington, DC – The Commodity Futures … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Regulations | Tagged , , , , , , , , , , , , , , , | Leave a comment

Will HedgeStreet USA, the hypothetical InTrade USA, and the hypothetical TradeFair USA, be regulated in the future by a merged SEC+CFTC regulatory structure?

That sounds like a good prediction market proposal. – As you all know: The SEC regulates the securities markets (which support capital formation). The CFTC regulates the futures markets (which exist to discover prices). The SEC is rules based, meaning … Continue reading

Posted in Analysis (Market Proposals), Exchanges & Markets, Finance, Regulations | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment