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Comment for Proposed Rule 91 FR 12516

  • From: Noah Thomas Schaefferkoetter
    Organization(s):
    None

    Comment No: 115036
    Date: 4/22/2026

    Comment Text:

    Predictive Markets are not freedom of speech nor freedom of press. Any outlet using them to report "news" should be fined.

    Predictive Markets are theft currently. Wealthy insider traders are manipulating the market so they will almost assuredly win. It's literally a scam. Since people cannot avoid conflict of interest, the investment amount for any single person must remain as an aggregate at a max of 1% of the full pot or $5 (whichever is higher). This needs to be heavily regulated.

    Please take action to regulate this absolutely horrible practice.

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