CFTC Cracks Down on Election Contracts

The CFTC has proposed a new rule that would restrict betting on election markets. Pratik Chougule and Mick Bransfield do a deep dive into the CFTC's deliberations. Timestamps 0:00: Introduction 6:11: Interview with Bransfield begins 8:50: CFTC Chairman Rostin Behnam is spending political capital on the issue 10:14: What is rulemaking? 11:24: Behnam's statement 11:48: Concerns about CFTC staff time on election contracts 14:25: Conflict of interest accusations against Kristin Johnson 17:34: Senator Tommy Tuberville's involvement 20:02: Goldsmith-Romero's views 25:13: Mersinger's dissent 27:38: Pham's dissent 31:10: Discord at the CFTC 32:01: Questions about CFTC enforcement 35:41: CFTC's power and resources 37:58: Behnam's political ambition 41:06: Pratik's critique of Mersinger's dissent 45:12: Pratik's impressions from attending CFTC meeting in person Trade on Polymarket, the world's largest prediction market, at polymarket.com Attend Manifest, a festival celebrating predictions, markets, and mechanisms, hosted by Manifold Markets. June 7-9 at Lighthaven Campus, Berkeley, CA. Tickets are available at https://www.manifest.is/#tickets. Use the discount code SSG10 to get 10% of the ticket price.