Wall Street regulator poised to bring charges against Kalshi, Politico reports

​A ​top federal ‌financial regulator has ​warned Kalshi of potentially ‌imminent charges, Politico reported on Tuesday, citing a person with ‌direct knowledge of the probe. Politico ‌reported that the Commodity Futures Trading Commission is investigating whether ⁠Kalshi ​failed ⁠to properly notify the agency about ⁠dozens of new products.

Kalshi spokesperson ​Elisabeth Diana said in ⁠a statement that the CFTC’s warning “is ⁠about ​a procedural error involving the submission of a ⁠handful of contracts, many of ⁠which ⁠weren’t live," according to Politico.