Kalshi Introduces New Rules to Stop Insider Trading

Kalshi 推出新規則以防止內幕交易

Jun 9, 2026, 21:40
USFinance

Introduction

The prediction market platform Kalshi has launched new regulatory measures, including mandatory employment disclosures for high-risk trades, to prevent market manipulation.

預測市場平台 Kalshi 推出了新的監管措施，包括針對高風險交易的強制性僱用披露，以防止市場操縱。

Main Body

These new rules follow recommendations from an Independent Surveillance Audit Committee and come at a time when event-based exchanges are facing more scrutiny. The main tool for this oversight is a risk-scoring system that evaluates markets based on factors such as corporate performance and national security. If a market is considered high-risk, users must provide their employer's name via an online form. This process is designed to identify and stop 'insiders'—people with private, important information—from trading. This policy responds to several cases of illegal activity in the industry, such as fraudulent trades by a Google employee on Polymarket and investigations into former Congressman George Santos.

這些新規則是根據獨立監察審計委員會的建議而制定，且正值事件驅動交易所面臨更多審查之際。監督的主要工具是一個風險評分系統，根據企業表現和國家安全等因素對市場進行評估。如果某個市場被視為高風險，用戶必須透過線上表單提供雇主名稱。此流程旨在識別並阻止「內部人士」——即掌握私人重要資訊的人——進行交易。此政策是對業內幾起非法活動的回應，例如 Google 員工在 Polymarket 上的欺詐交易，以及對前國會議員 George Santos 的調查。

In addition to disclosure rules, Kalshi has improved its monitoring by introducing 24/7 whistleblower tools and internal alerts. These improvements aim to meet the requirements of the Commodity Futures Trading Commission (CFTC) and set Kalshi apart from competitors that operate outside the U.S. The company's data shows a proactive approach; Kalshi reports that it has started over 150 investigations this year, blocked more than 100 potential insider trades, and sent over 20 cases to the police. Furthermore, the platform has penalized political candidates who traded on their own election results, which the firm describes as political insider trading.

除了披露規則外，Kalshi 還透過引入 24 小時全天候舉報工具和內部警報來改善監控。這些改進旨在滿足美國商品期貨交易委員會 (CFTC) 的要求，並使 Kalshi 與在美國境外運作的競爭對手區分開來。公司的數據顯示了其積極的做法；Kalshi 報告稱今年已啟動超過 150 項調查，攔截了 100 多宗潛在的內幕交易，並將 20 多起案件移交警方。此外，該平台還懲罰了對自身選舉結果進行交易的政治候選人，公司將此描述為政治內幕交易。

Conclusion

Kalshi has moved toward a professional, institutional-grade system to ensure market honesty and follow government regulations.

Kalshi 已轉向專業的機構級系統，以確保市場誠信並遵守政府法規。

Vocabulary Learning

The 'A2 to B2' Power Move: Nominalization

At the A2 level, you usually describe actions using simple verbs: "The company wants to stop people from cheating."

But to reach B2, you need to move from actions to concepts. This is called Nominalization—turning a verb (action) into a noun (a thing/concept). Look at how this article does it:

  • A2 style: The committee surveilled the market →\rightarrow B2 style: *"Independent Surveillance Audit Committee"
  • A2 style: They disclose where they work →\rightarrow B2 style: *"mandatory employment disclosures"
  • A2 style: They manipulate the market →\rightarrow B2 style: *"prevent market manipulation"

💡 Why does this matter for your fluency?

Using nouns instead of simple verbs makes you sound more professional and objective. It shifts the focus from who is doing something to what the process is.

Compare these two sentences:

  1. "They are investigating the case because they want to ensure the market is honest." (A2/B1)
  2. "...to ensure market honesty and follow government regulations." (B2)

🛠️ Linguistic Pattern Breakdown

Notice the common suffixes used in the text to create these B2-level nouns:

  • -ion: Manipulation, Investigation, Regulation
  • -ure: Disclosure
  • -ance: Performance, Surveillance

Pro Tip: Next time you want to say "I want to improve my English," try using a B2 noun phrase: "I am focusing on my language improvement."

Vocabulary Learning

mandatory (adj.)
Required by law or rules; compulsory.
Example:The company introduced mandatory training sessions for all new employees.
disclosure (n.)
The act of making new or secret information known.
Example:Full disclosure of financial interests is required to avoid conflicts of interest.
manipulation (n.)
The act of controlling or influencing a situation unfairly or dishonestly.
Example:The regulator is investigating the company for market manipulation to inflate stock prices.
scrutiny (n.)
Critical observation or examination.
Example:The government's new policy has come under intense scrutiny from the public.
oversight (n.)
The action of overseeing a process or organization to ensure it is done correctly.
Example:The committee provides legislative oversight to ensure the agency follows the law.
fraudulent (adj.)
Obtained, done by, or involving deception, especially criminal deception.
Example:The bank blocked the transaction because it appeared to be fraudulent.
whistleblower (n.)
A person who informs on a person or organization engaged in an illicit activity.
Example:The whistleblower revealed that the company was dumping chemicals into the river.
proactive (adj.)
Taking action to control a situation rather than just responding to it after it has happened.
Example:By taking a proactive approach, the company solved the problem before it affected customers.
penalized (v.)
Punished for breaking a law, rule, or tradition.
Example:The athlete was penalized for using banned substances during the competition.
institutional-grade (adj.)
Of a quality or standard suitable for use by large organizations or professional institutions.
Example:The startup upgraded its security to an institutional-grade system to attract corporate clients.
Practice B2 words in a crossword→