Kalshi to Require Employment Disclosure for Some Trades as It Tightens Insider-Trading Controls
Prediction market Kalshi said it will require some users to disclose where they work before placing certain bets. The company said the change is effective immediately and is meant to strengthen controls around sensitive contracts.
Kalshi is also rolling out whistleblower services and a whistleblower portal. The company said the steps are intended to help curb insider trading and improve market integrity.
The move comes after concerns about suspicious activity on prediction market platforms and follows a recommendation from an advisory committee that called for stronger security measures. Kalshi said the new rules are designed to align with regulatory expectations.
Kalshi will require some users to disclose their employment details before trading on certain sensitive contracts. It is also adding whistleblower services.
The company says it wants to reduce insider trading and suspicious activity and improve market integrity.
No. The articles say the employment disclosure requirement applies to certain or sensitive contracts, not all trades.
Kalshi said it will launch a whistleblower portal so people can report possible wrongdoing.
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