Kalshi requires employer disclosures for some users to combat insider trading on prediction markets
By
Olivier Acuna
Summary
Kalshi, a federally regulated prediction-market platform, announced new measures to combat insider trading and market manipulation. The company will now require some users to disclose their employers, particularly for markets deemed at higher risk for insider activity or abuse. These traders may be screened before being allowed to place trades. The changes follow recommendations from an independent Surveillance Audit Committee that reviewed Kalshi's enforcement systems and monitoring tools, and take effect immediately.
Source
Key quotes
· 3 pulledKalshi said it will start requiring some users to disclose their employers as part of a broader push to crack down on insider trading and market manipulation on its prediction-market platform.
The federally regulated exchange said Tuesday the new policy will apply to markets it considers at higher risk for insider activity or abuse.
The company said the changes take effect immediately and follow recommendations from an independent Surveillance Audit Committee that reviewed Kalshi's enforcement systems, monitoring tools, and trad
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