Leading US prediction trading platforms have introduced new regulations to comprehensively strengthen market risk control.
2026-06-10 10:46:34
On Tuesday, Kalshi, a well-known US-based prediction trading platform, officially announced several compliance reforms, including mandatory disclosure rules for practitioners' information regarding sensitive trading contracts and the launch of a dedicated reporting channel.
The platform proactively improves its risk control system and addresses regulatory shortcomings, moving towards institutional-level trading infrastructure. This aims to mitigate risks such as market manipulation and insider trading, and fully comply with regulatory requirements for fairness in the trading market.
In recent years, the forecasting trading market has developed rapidly. These platforms issue trading contracts based on the outcomes of various future events, attracting a large number of users and capital with their novel trading models. However, along with the industry's rapid expansion, trading irregularities have also emerged, with frequent violations such as market manipulation and insider trading, drawing high attention from US legislative bodies and regulators. Recently, news has emerged that US federal regulators are investigating whether former Congressman George Santos engaged in insider trading on the Calshi platform, significantly increasing compliance pressure on the industry.
Against this backdrop, Calci's new management rules were immediately implemented. The entire reform plan was drafted by the platform's independent monitoring and audit committee, which is dedicated to overseeing the platform's transaction order and risk control implementation. This series of new rules also signifies a shift in the platform's development strategy, moving away from simply pursuing scale expansion and instead focusing on building a transaction system that meets institutional standards, proactively mitigating various potential regulatory risks.
To accurately manage transaction risks, Calci has established a comprehensive market risk rating mechanism. Staff members comprehensively consider multiple dimensions, including corporate operating data, product launch plans, the concentration of transaction results, whether national security is involved, and the probability of manipulation, to assess risk scores for different transaction categories and implement differentiated management.
Robert DeNault, Head of Compliance at Calci, said the platform has implemented several compliance measures and will continue to lead the way in building a fair market within the federally regulated prediction trading industry. For sensitive contracts with high risks of insider trading and manipulation, the platform has set strict entry requirements. Traders must truthfully fill in their professional information and pass verification before participating in trading, reducing the probability of violations from the outset.
In addition, the platform has launched a convenient online reporting tool, allowing users to report abnormal transaction behavior with a single click on the transaction page. All reported leads are handled by a dedicated monitoring team, which operates 24/7 to track and verify all kinds of suspicious transactions in real time, forming a normalized supervision mechanism.
Prediction trading platforms, such as Calci and Polymarket, enjoy high popularity globally and continue to attract capital investment. Unlike public stock markets and traditional securities exchanges, these platforms mostly operate on a non-public model, and have long been exempt from the stringent information disclosure and regulatory requirements of traditional financial markets, thus enabling rapid expansion.
However, as violations continue to be exposed, the lenient regulatory environment is no longer suitable for the current state of the industry.
In summary, Calci's proactive move to strengthen compliance is an inevitable choice given the industry's current stage of development. In an environment of increasingly stringent regulations and frequent market irregularities, enhanced information disclosure, improved whistleblowing and oversight mechanisms, and risk level classification will become the norm. Only by building a solid risk control defense can these innovative trading platforms achieve long-term stable development.
The platform proactively improves its risk control system and addresses regulatory shortcomings, moving towards institutional-level trading infrastructure. This aims to mitigate risks such as market manipulation and insider trading, and fully comply with regulatory requirements for fairness in the trading market.
In line with regulatory trends, the platform has launched a comprehensive compliance upgrade.
In recent years, the forecasting trading market has developed rapidly. These platforms issue trading contracts based on the outcomes of various future events, attracting a large number of users and capital with their novel trading models. However, along with the industry's rapid expansion, trading irregularities have also emerged, with frequent violations such as market manipulation and insider trading, drawing high attention from US legislative bodies and regulators. Recently, news has emerged that US federal regulators are investigating whether former Congressman George Santos engaged in insider trading on the Calshi platform, significantly increasing compliance pressure on the industry.
Against this backdrop, Calci's new management rules were immediately implemented. The entire reform plan was drafted by the platform's independent monitoring and audit committee, which is dedicated to overseeing the platform's transaction order and risk control implementation. This series of new rules also signifies a shift in the platform's development strategy, moving away from simply pursuing scale expansion and instead focusing on building a transaction system that meets institutional standards, proactively mitigating various potential regulatory risks.
Refine risk classification and strengthen access control and full-process supervision.
To accurately manage transaction risks, Calci has established a comprehensive market risk rating mechanism. Staff members comprehensively consider multiple dimensions, including corporate operating data, product launch plans, the concentration of transaction results, whether national security is involved, and the probability of manipulation, to assess risk scores for different transaction categories and implement differentiated management.
Robert DeNault, Head of Compliance at Calci, said the platform has implemented several compliance measures and will continue to lead the way in building a fair market within the federally regulated prediction trading industry. For sensitive contracts with high risks of insider trading and manipulation, the platform has set strict entry requirements. Traders must truthfully fill in their professional information and pass verification before participating in trading, reducing the probability of violations from the outset.
In addition, the platform has launched a convenient online reporting tool, allowing users to report abnormal transaction behavior with a single click on the transaction page. All reported leads are handled by a dedicated monitoring team, which operates 24/7 to track and verify all kinds of suspicious transactions in real time, forming a normalized supervision mechanism.
Industry characteristics lead to regulatory differences, and compliance has become an inevitable trend for development.
Prediction trading platforms, such as Calci and Polymarket, enjoy high popularity globally and continue to attract capital investment. Unlike public stock markets and traditional securities exchanges, these platforms mostly operate on a non-public model, and have long been exempt from the stringent information disclosure and regulatory requirements of traditional financial markets, thus enabling rapid expansion.
However, as violations continue to be exposed, the lenient regulatory environment is no longer suitable for the current state of the industry.
In summary, Calci's proactive move to strengthen compliance is an inevitable choice given the industry's current stage of development. In an environment of increasingly stringent regulations and frequent market irregularities, enhanced information disclosure, improved whistleblowing and oversight mechanisms, and risk level classification will become the norm. Only by building a solid risk control defense can these innovative trading platforms achieve long-term stable development.
- Risk Warning and Disclaimer
- The market involves risk, and trading may not be suitable for all investors. This article is for reference only and does not constitute personal investment advice, nor does it take into account certain users’ specific investment objectives, financial situation, or other needs. Any investment decisions made based on this information are at your own risk.
