US Markets

DJIA8149.09chart-679.95
NASDAQ1398.07chart-137.50
S&P 500816.21chart-80.03
2008-12-01 16:04

Intl. Markets

FTSE4065.49chart-222.52
DAX4394.79chart-274.65
Nikkei8397.22chart+0.00
2008-12-01 11:46

Commodity Futures

Oil49.28chart-5.15
Gold768.25chart+0.00
Copper1.65chart+0.00
2008-12-01 17:45

Treasury Yield

13 Weeks0.01chart-0.01
5 Year1.72chart-0.22
10 Year2.72chart-0.24
2008-12-01 14:59

Exchange Rates

JPY93.03chart+0.00
EUR0.79chart+0.00
GBP0.67chart+0.00
2008-12-01 17:55

CFTC to Regulate Prediction Markets?

Please read this. The CFTC is the Commodity Futures Trade Commission, a governmental body, and “Event Contracts” and “Event Markets” are government-speak for Prediction Markets.

It will be interesting to see what their conclusions will be. We are not aware of any need for governmental regulation in this sector, and are of the opinion that none is needed unless further information should arise.

Utility:
1 I like Tariffs and Taxes2 I would rather watch TMZ.3 I wonder what Paris is doing.4 Well, this is rather irrelevant5 For the effort...6 Huh, really?7 Interesting... do go on.8 A new wrinkle for my brain9 I think a whole new lobe just appeared10 For the win! (4 votes, average: 7.75 out of 10)
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1 Comment(s)

  1. I would have to wait and see what exactly they would feel obliged to regulate before I weigh in on this one. Although, knowing my anti-big government opinions, I would probably be opposed to most things that may seem detrimental to market efficiencies.

    Jason | May 20, 2008 | Reply

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