CFTC Requests public Input on Possible Regulation of "event contracts" jim mccarthy: not everything is a commodity, nor should something that is typically covered by some sort of property and casualty insurance suddenly become exchange tradable. He says if there is 'interest' to develop these sorts of risk event instruments, it seems an admission that the insurance sector is perhaps marginal or worse, incompetent or too greedy to determine how to offer insurance for events presumably produced by nature
CFTC Requests public Input on Possible Regulation of "event contracts" jim mccarthy: not everything is a commodity, nor should something that is typically covered by some sort of property an…