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Kalshi adds employment checks for traders in high-risk prediction markets

Regulation

Kalshi said it has begun collecting employment information from users trading in markets it considers especially exposed to manipulation or insider knowledge. The company said the measure follows recommendations from its Independent Surveillance Audit Committee and will accompany a risk-scoring framework and a round-the-clock whistleblower channel.

The screening changes the information traders must provide to access markets judged vulnerable to manipulation.

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Regulation

CFTC gives prediction markets 30 days to address state access blocks

The CFTC issued guidance saying state-based geographic restrictions generally conflict with impartial-access requirements for designated contract markets in the United States. It gave exchanges 30 days to remove conflicting blocks or explain to the Division of Market Oversight, with supporting evidence, why compliance is not feasible. The same framework applies to intermediaries and other entities providing market access.

The CFTC said state-based geographic restrictions on prediction markets are generally inconsistent with its impartial access rules, and gave operators and exchanges 30 days to lift them or explain why they cannot. The agency issued the guidance on Thursday as a formal interpretation of its impartial access requirements for designated contract markets. It said location alone should not be used to deny access to eligible participants within the United States.

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