🚨 CFTC WARNING SPOTLIGHTS ENFORCEMENT AT KALSHI-EX
The U.S. Commodity Futures Trading Commission (CFTC) issued a formal advisory following two enforcement cases at KalshiEX. CFTC made is clear that insider trading and fraud in prediction markets will not be tolerated.
Key Takeaways: • Prediction markets are subject to federal anti-fraud and insider trading laws. • KalshiEX must maintain robust surveillance and audit trails. • The CFTC will independently investigate and enforce violations, defending its exclusive jurisdiction.
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🚨 CFTC WARNING SPOTLIGHTS ENFORCEMENT AT KALSHI-EX
The U.S. Commodity Futures Trading Commission (CFTC) issued a formal advisory following two enforcement cases at KalshiEX.
CFTC made is clear that insider trading and fraud in prediction markets will not be tolerated.
Key Takeaways:
• Prediction markets are subject to federal anti-fraud and insider trading laws.
• KalshiEX must maintain robust surveillance and audit trails.
• The CFTC will independently investigate and enforce violations, defending its exclusive jurisdiction.
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