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Kalshi Expands Surveillance Team Before Super Bowl Action
Key Takeaways
- Kalshi adds an independent committee and new monitoring partners to strengthen oversight ahead of the Super Bowl;
- Daniel Taylor and Brian Nelson join Kalshi as advisors to reinforce market integrity and support stronger compliance;
- Robert DeNault becomes Head of Enforcement as Kalshi expands safeguards and introduces new responsibility and integrity hubs.
Prediction platform Kalshi introduced a new set of oversight measures as the Super Bowl approaches.
The company set up an independent advisory committee and added new partnerships focused on trade monitoring.
These changes aim to strengthen how the platform detects and responds to risky behavior.
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Part of the update includes bringing in Daniel Taylor, Director of the Wharton Forensic Analytics Lab, to support Kalshi on matters related to market integrity. He noted that maintaining strong protections against insider trading and manipulation remains a priority for the company.
Kalshi also hired Brian Nelson, a former Under Secretary of the Treasury for Terrorism and Financial Intelligence and current partner at Cooley, to advise on oversight and compliance.
In addition, the firm partnered with Solidus Labs, a company that provides tools for identifying and reviewing suspicious trading.
Internal roles have shifted as well. Kalshi lawyer Robert DeNault will now serve as Head of Enforcement.
He will coordinate the daily work between the advisory committee, compliance teams, and external monitoring partners. His focus will be to reduce risks tied to insider activity and attempts to influence markets.
Kalshi is also adding two new sections to its website: one covering responsible use of the platform and another outlining its market integrity efforts.
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