Kalshi rolls out employer disclosure, risk scoring to fight insider trading
Key takeaways
- The employment disclosure requirement applies to markets the company has flagged as carrying elevated insider trading or manipulation risk, Kalshi said.
- Markets that score above a certain threshold will trigger the employment verification requirement.
- Rounding out the new measures, Kalshi has embedded tip-submission features across all of its markets, giving traders a direct channel to report concerns to a surveillance team that operates continuously.
Kalshi rolls out employer disclosure, risk scoring to fight insider trading Quartz · SOPA Images / Getty Images Cris Tolomia Wed, June 10, 2026 at 7:02 PM GMT+7 2 min read GOOG Kalshi announced new market integrity measures on Tuesday, including a requirement for traders in certain markets to disclose their employer before placing bets, as scrutiny of insider trading on prediction market platforms grows.
The employment disclosure requirement applies to markets the company has flagged as carrying elevated insider trading or manipulation risk, Kalshi said. To comply with the requirement, affected traders must fill out an online form providing details about where they work. According to NBC News, the company does not plan to cross-check submitted employment information unless circumstances require an inquiry, and in some cases a trader's workplace could disqualify them from participating in a given contract. One example the company cited: a Google employee seeking to trade on a Google-related market.
Alongside the employer requirement, Kalshi said it has built a risk scoring framework that evaluates each market across six dimensions before it is listed, including corporate event risk, outcome concentration, market importance, regulatory compatibility, non-traditional insider risk, and national security risk. Markets that score above a certain threshold will trigger the employment verification requirement. The company said it does not list markets on war, assassination, or violence, but acknowledged that some leadership and foreign policy markets can still present what it called "incidental national security concerns."