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 [email protected].
Reference should be made to the “-Concept Release on the Appropriate Regulatory Treatment of Event Contracts.”- Comments may also be submitted through the Federal eRuleMaking Portal at http://frwebgate.access.gpo.gov/cgi-bin/leaving.cgi?from=leavingFR.html&-log=linklog&-to=http://web.archive.org/web/20080930170145/http://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: Bruce Fekrat, Special Counsel, Office of the Director (telephone 202.418.5578, e-mail [email protected]), Division of Market Oversight, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581.
THE MIDAS ORACLE TAKES:
– CALL TO ACTION: Let’-s fight so that the CFTC allows the FOR-PROFIT prediction exchanges to deal with “-event markets”-.
– In the for-profit vs not-for-profit debate, our prediction market luminaries, doctored by Bob, are on the wrong side of the issue.
– The definitive proof that FOR-PROFIT prediction exchanges (like BetFair and InTrade) are the best organizers of socially valuable prediction markets (like those on global warming and climate change).
– Analysis of the HedgeStreet’-s comment sent to the CFTC.
– CFTC’s Concept Release on the Appropriate Regulatory Treatment of Event Contracts…- notably how they define “-event markets”-, how they are going to extend their “-exemption”- to other IEM-like prediction exchanges, and how they framed their questions to the public. Here are the comments sent to the CFTC.
– The BusinessWeek news article about the CFTC’-s concept release.
– The Arnold &- Porter lawyer’-s take. —- (PDF file)
– The Schulte, Roth &- Zabel lawyers’- take. —- (PDF file)
– The Sullivan &- Cromwell lawyers’- take. —- (PDF file)
– Michael Giberson’-s economic take.
– Chris Hibbert’-s libertarian take.
– Tom W. Bell’-s libertarian take.
– The American Enterprise Institute’s proposals to legalize the real-money prediction markets in the United States of America
COMMENTS TO THE CFTC
– Very soon, two prediction market organizations and one VIP will submit their comment to the CFTC.
– What Vernon Smith told the CFTC. —- (PDF file)
– Jed Christiansen’-s pragmatic take. —- Final draft – (PDF file) – His comment to the CFTC – (PDF file)
– The International Swaps and Derivatives Association’-s comment to the CFTC – (ISDA) —- (PDF file)
– Jason Ruspini’-s comment to the CFTC —- (PDF file)
– Tom W. Bell’-s petition, which will be sent to the CFTC. —- (Jonathan Gewirtz is in.)
– HedgeStreet’-s comment to the CFTC. —- (PDF file)
– A young economist rebuts the American Enterprise Institute. —- (MO mirror) —- Comment to the CFTC – (PDF file)
– Tom W. Bell rebuts the American Enterprise Institute.
– Robin Hanson’-s comment to the CFTC. —- (MO mirror)
Paul Wolfowitz’-s profile at the American Enterprise Institute
– How the neo-cons drove the United States of America into the unecessary Iraq war