Kalshi to Require Job Details to Combat Insider Trading
Prediction market platform Kalshi will require some users to reveal their job details to combat insider trading. This move is part of the company's efforts to enhance compliance and address concerns about illicit trading activities.
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Kalshi to make some users reveal job details to tackle insider trading
After issues with insider trading, the prediction betting platform is adding new rules.
Read full article →Prediction platform Kalshi to collect job details to combat insider trading
Prediction platform says it will seek employment information for markets at 'heightened' risk of manipulation.
Read full article →Kalshi rolls out whistleblower services, employment verification to curb insider trading
The platform will require traders to disclose their employer's identity when trading on sensitive markets, a Wall Street Journal article first reported.
Read full article →Kalshi wants to know where you work
Kalshi, led by CEO Tarek Mansour, is increasing guardrails against insider trading. IMF Kalshi will now check its users' employment status before allowing them to bet. This is the prediction market's latest guardrail to weed out insider trading and bad actors. Prediction markets facing strong scrutiny by lawmakers in the country. Kalshi will now ask you where you work before you can start betting. Kalshi's enforcement and legal counsel, Bobby DeNault, wrote a blog post on the company's webs...
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