Kalshi backs proposed US bill on insider trading in prediction markets
Kalshi CEO Tarek Mansour said the company supports a forthcoming bill from Representative Ritchie Torres that would bar federal officials and other senior government figures from trading on prediction markets using non-public information. Mansour said Kalshi prohibits insider trading and argued that regulated US exchanges should be distinguished from offshore platforms. The proposed bill would apply to regulated American companies, according to the report.
The proposal could impose restrictions on eligible traders at regulated US prediction-market companies.