United States — United States Commodity Futures Trading Commission & Robert DeNault

United States — United States Commodity Futures Trading Commission: The CFTC asserts its exclusive regulatory authority over designated contract markets, issuing an emergency order to block United States — Michigan's attempt to cancel trades. This strengthens its position in jurisdictional battles with states.

Robert DeNault: Robert DeNault, Kalshi's Head of Enforcement and Legal Counsel, criticized the CFTC's order, stating the company is in an impossible position between state and federal demands.

United States — United States Commodity Futures Trading Commission: The CFTC is investigating Perez for potential insider trading. The agency has championed prediction markets but is cracking down on insider abuse, reinforcing its regulatory role.

Robert DeNault: Denault, Kalshi's head of enforcement, publicly confirmed that Kalshi flagged and referred the trades to the CFTC, highlighting the platform's compliance efforts.