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- Jason Ruspini rebuts Eric Zitzewitz on the regulation of political prediction markets. — [COMMENT]
- Eric Zitzewitz petitions the CFTC in favor of real-money prediction markets about politics. — [TEXT]
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- Apple’s e-book software will allow publishers to make textbooks more interactive. — [LINKS + VIDEO]
- Alain Soral is France’s most dangerous intellectual… (dangerous for the French plutocrats, that is). — [VIDEO]
- Computers thru time — [CHART]
- NASA has finally understood the theorical basis of LENR (low-energy nuclear reactions). — [VIDEO]
Tag Archives: weather insurance
WeatherBill C.E.O. David Friedberg hopes to persuade [!?] the Commodities Futures Trading Commission (C.F.T.C.) to change the requirement that currently limits weather derivative traders to accredited investors with a minimum net worth of $1 million.
Hummmmmmmmm… Quite a bold ambition. I’m very surprised by his statement. Is he naive? Via our chief economist Michael Giberson. UPDATE: Did the CFTC relax its ECPs requirement for eBOTs?
The Park Paradigm blogger on Weather Bill
“Sean”: And so when I met David Friedberg last summer and he showed me his idea for launching a new technology-driven business for hedging weather risk, I was obviously keenly interested. After many conversations, due diligence and negotiations I am … Continue reading
WeatherBill contracts are financial instruments, regulated by the CFTC.
— Via Tech Crunch, Weather Bill is now open for business. This is their ABOUT page: WeatherBill sells Weather Contracts to eligible buyers. Weather Contracts can be used to protect your business from adverse weather conditions, by paying you when … Continue reading
Posted in All Best Posts Ever, Betting, Exchanges & Markets, Finance, Hedging & Insurance, Market Contract Statements, Regulations
Tagged Commodities and Futures Trading Commission, EarthSat, eligible buyer, Eric Zitzewitz, federal law, Futures Trading Commission, guard, insurance agent, Jason Ruspini, Professor, retail store owners, United States, USD, Weather Contracts, weather insurance, WeatherBill
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