Sources: CFTC Warns Kalshi May Face Charges

On November 11, according to BeInCrypto, a source familiar with the matter said the US Commodity Futures Trading Commission (CFTC) has privately warned prediction market platform Kalshi that it may soon file charges over its product notification procedures. The investigation, which has been ongoing for months, concerns whether Kalshi properly notified regulators regarding dozens of new products.

Kalshi spokesperson Elisabeth Diana stated that only a few of the contracts are at issue, many have not yet launched, and the company is addressing the matter. Reports note that the self-certification mechanism allows exchanges to go live with products as early as the next day without explicit CFTC approval, though operators must ensure the contracts meet regulatory requirements.