Key facts
- Kalshi will require users to disclose employment information for certain contracts.
- The new measures aim to prevent insider trading and market manipulation.
- A whistleblower portal has been launched to report suspicious activity.
- Risk scores will be assigned to markets based on various factors.
- The platform will monitor trading activity around the clock.
Prediction market Kalshi is implementing new measures, including mandatory employment disclosures for users trading on sensitive contracts and the launch of a whistleblower portal, to enhance market integrity and address regulatory concerns. These steps are designed to prevent insider trading and market manipulation, aligning the platform with institutional-grade infrastructure expectations. The measures are based on recommendations from an independent Surveillance Audit Committee. Kalshi will assign risk scores to markets and monitor trading activity around the clock, with new reporting tools allowing users to flag suspicious activity. The company stated that for markets with heightened insider or manipulation risk, employment information will be collected before traders can participate. These changes come amid scrutiny from lawmakers and reports of federal regulators investigating potential insider trading by former congressman George Santos on the platform.