Kalshi requires employer disclosure to fight insider trading

Prediction markets platform Kalshi is implementing new measures, including requiring some users to disclose their employers, to combat insider trading and market manipulation. These changes apply to higher-risk markets and aim to identify individuals with potential access to nonpublic information. The platform has already blocked numerous potential insider trades and referred cases to law enforcement. These steps follow recommendations from an independent committee and include enhanced screening, risk scoring, and whistleblower tools, reflecting a growing industry effort to ensure market integrity as prediction markets face increased scrutiny.