The Park Paradigm (Free subscription) | 07/17/2008
Those that aren’t prediction / event / outcome market affectionados, might not have realized that the CFTC recently asked …for public comment on the appropriate regulatory treatment of financial agreements offered by markets commonly referred to as event, prediction, or information markets. During the past several years, the CFTC has received numerous requests for guidance involving the [...]
Midas Oracle .ORG (Free subscription) | 07/16/2008
John Delaney (CEO of InTrade) - (InTrade PDF file - CFTC PDF file): July 4th 2008 The Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street NW Washington, DC 20581 U.S.A. Attention: Office of the Secretariat RE: “Concept Release on the Appropriate Regulatory Treatment of Event Contracts” To Whom it May Concern: It is an honour for me as Chief Executive Officer of Intrade [...]...
Midas Oracle .ORG (Free subscription) | 07/17/2008
Sean Park (who invested in Betfair at inception): [...] I was heartened to read John Delaney’s (InTrade CEO) contribution [...]. I would certainly have endorsed this contribution - well crafted, robust, articulate and (imo) stating the blindingly obvious [...]. - Yes, his input was great, but, alas, it won’t win in the end. The CFTC will probably rule out [...]
