Kalshi CEO backs proposed US bill restricting officials’ prediction-market trading
Kalshi chief executive Tarek Mansour said on 7 January that the company supports proposed legislation restricting government employees’ prediction-market trading where they have access to non-public information. New York representative Ritchie Torres introduced the bill earlier that week. Mansour said Kalshi already prohibits insider trading under its platform rules.
The proposed restriction could affect government employees’ prediction-market trading, while Kalshi says its rules already prohibit insider trading.