CFTC warns Kalshi of imminent charges over notification of contracts: Politico
The prediction markets operator says the issue involves procedural errors affecting a handful of contracts, many of which weren’t live, according to Politico.
Prediction markets operator Kalshi is being warned of imminent charges from the US Commodity Futures Trading Commission over whether the operator properly notified the agency about new products, Politico reported Tuesday.
The Commodity Futures Trading Commission is investigating notifications involving dozens of products, the report said, citing a person with direct knowledge of the probe. The agency’s private notification to Kalshi suggests that charges could follow.
The investigation has been underway for months, the person said.