Kalshi Will Require Employment Info For Some Bets As An Insider Trading Precaution


But the rules may pose a minor hurdle for people who just have to cheat.

Kalshi is taking a new step toward preventing insider trading on its platform. For certain bets, the prediction market will require users to disclose where they work. The new rules will be rolling out in the coming weeks, and are expected to be applied to topics such as company performance and national security, although the exact guidelines have not been disclosed yet.

A rep from the company told The Wall Street Journal, which first reported on this change, that Kalshi would typically confirm the employment information if it finds suspicious activity connected to an account.

Insider trading has been a recurring problem for prediction markets. Kalshi has already had multiple high-profile cases on its watch, including an employee of YouTuber MrBeast and three political office candidates, one of whom tried to spin it as a campaign promise for prediction market regulation. The most recent instance saw insider trading allegations made against former Congressman George Santos.

Considering how willing prediction market users have been to flout the rules, it’s hard to guess whether this policy will substantially curb insider trading or whether people will simply find new ways to orchestrate lucrative wins. While several states have attempted to sue prediction markets and regulate them as gambling platforms, the federal government has intervened and claimed sole jurisdiction for the sector under the US Commodity Futures Trading Commission. International efforts to curb the businesses have gained more traction, such as a ban in Spain while the domestic leadership investigates how to regulate them.



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Barbra Streisand
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Barbra Streisand is set to be honored at the 2026 Cannes Film Festival, but she will no longer be attending the ceremony.

The 84-year-old icon will sadly not be there to accept her honorary Palme d’Or at the closing ceremony of the film festival due to a knee injury.

“On the advice of my doctors, as I continue recovering from a knee injury, I am sadly unable to attend the Festival de Cannes this year,” she shared in a statement, via Variety.

“But I am deeply honored to receive the honorary Palme d’Or and had so been looking forward to celebrating the remarkable films of the 79th edition.”

“I was also very much looking forward to spending time with colleagues whom I so admire — and, of course, returning to France, a place I have always loved. While I regret that I can’t be there in person, I want to extend my warmest congratulations to all of the filmmakers from around the world whose extraordinary talent and creative vision are being celebrated this year,” the statement continues.

“My heartfelt thanks to the Festival, and to everyone who continues to support and champion the art of cinema.”

The tribute will still happen on May 23.

Iris Knobloch, Thierry Frémaux and the entire festival team send Barbra Streisand their warmest wishes for a prompt recovery,” the festival said in a press release.

Barbra will be the third person to get an honorary Palme d’Or in 2026, including Peter Jackson and John Travolta.

If you missed it, Jane Fonda recently questioned why Barbra got to do Robert Redford‘s In Memoriam tribute at the 2026 Oscars, when she worked with him more often.

The post Why Barbra Streisand Is Skipping Her Cannes Film Festival 2026 Honorary Ceremony appeared first on Just Jared – Celebrity News and Gossip | Entertainment.



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