Comments on: The Government Wants Your Opinion on Prediction-Markets Regulation http://chicagoboyz.net/archives/5939.html Some Chicago Boyz know each other from student days at the University of Chicago. Others are Chicago boys in spirit. The blog name is also intended as a good-humored gesture of admiration for distinguished Chicago boys including those pictured above. Mon, 13 Feb 2012 13:49:08 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Jason Ruspini http://chicagoboyz.net/archives/5939.html/comment-page-1#comment-244756 Jason Ruspini Fri, 04 Jul 2008 18:57:03 +0000 http://chicagoboyz.net/?p=5939#comment-244756 Hi Jonathan, Please take a look at my proposal and that of Hedgestreet. I think mine is more comprehensive than Hedgestreet's, but we are in agreement on some of the most important points. For one thing, there is little controversy now that the CFTC has jurisdiction over exchange-traded election event markets. http://www.cftc.gov/stellent/groups/public/@lrfederalregister/documents/frcomment/08-004c011.pdf http://www.cftc.gov/stellent/groups/public/@lrfederalregister/documents/frcomment/08-004c012.pdf We might also be more persuasive to the CFTC. While I am a libertarian in general and don't like regulation, we are at a specific point where a little bit of additional regulation will cause an explosion in legal prediction markets, and possibly soon. I don't necessarily disagree with Tom Bell's draft proposal, and of course it's true by definition that over-regulation is bad, but that's not the most effective message for this comment process and the unique opportunity it presents. Hi Jonathan, Please take a look at my proposal and that of Hedgestreet. I think mine is more comprehensive than Hedgestreet’s, but we are in agreement on some of the most important points. For one thing, there is little controversy now that the CFTC has jurisdiction over exchange-traded election event markets.

http://www.cftc.gov/stellent/groups/public/@lrfederalregister/documents/frcomment/08-004c011.pdf
http://www.cftc.gov/stellent/groups/public/@lrfederalregister/documents/frcomment/08-004c012.pdf

We might also be more persuasive to the CFTC. While I am a libertarian in general and don’t like regulation, we are at a specific point where a little bit of additional regulation will cause an explosion in legal prediction markets, and possibly soon. I don’t necessarily disagree with Tom Bell’s draft proposal, and of course it’s true by definition that over-regulation is bad, but that’s not the most effective message for this comment process and the unique opportunity it presents.

]]> By: Tom W. Bell http://chicagoboyz.net/archives/5939.html/comment-page-1#comment-244444 Tom W. Bell Thu, 03 Jul 2008 23:37:03 +0000 http://chicagoboyz.net/?p=5939#comment-244444 Thanks, Jonathan, for your kind words and supporting signature. Thanks, Jonathan, for your kind words and supporting signature.

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