Warren and Curtis press Kalshi, Polymarket on election trading safeguards
AI summary
Senators Elizabeth Warren and John Curtis have sent inquiries to prediction markets Kalshi and Polymarket demanding details on how they safeguard against election-related trading, setting a Nov. 3 deadline for responses. The lawmakers want to know how many suspected election-trading violations were stopped before trades were executed. For traders, this signals heightened regulatory scrutiny of prediction markets, which could lead to new compliance requirements or restrictions on election contracts.
