Sources: CFTC warns Kalshi may face charges

TechFlow news, November 11 — According to BeInCrypto, a person familiar with the matter said the U.S. Commodity Futures Trading Commission (CFTC) has privately warned prediction market platform Kalshi that it may soon face charges over new product notification issues. The investigation has been ongoing for several months and concerns whether Kalshi properly notified regulators about dozens of new products.

Kalshi spokesperson Elisabeth Diana said only a small number of contracts were involved, many of which have not yet launched, and the company is working to address the issue. The report noted that the self-certification mechanism allows exchanges to launch products as early as the next day without explicit CFTC approval, but operators must confirm that contracts comply with regulatory requirements.

Source: TechFlow