Wall Street is eager to transform the 2028 election into an exchange-traded fund (ETF), a financial product that would allow investors to gain exposure to various aspects of the electoral process, including stocks of companies that could benefit from political outcomes or specific campaign themes. However, this bold initiative raises significant concerns among regulatory bodies, who are likely to view it as an attempt to commodify and commercialize the democratic process, potentially undermining the integrity of elections and the principles of fair competition. Consequently, regulators will likely oppose such efforts, fearing that they could lead to increased market volatility, create conflicts of interest, and blur the lines between finance and politics in ways that could be detrimental to both spheres.
source: https://blocknews.com/wall-street-wants-to-turn-the-2028-election-into-an-etf-and-regulators-will-hate-it/