Deals
Kalshi names Sudhir Jain as chief compliance officer
Kalshi plans to name Sudhir Jain as its chief compliance officer on Tuesday, the company told Barron's. Jain will also lead the prediction market platform's regulatory strategy. The hire comes as scrutiny of prediction markets intensifies across Washington.
Why this matters?
Signals Kalshi is investing in regulatory firepower to defend its event-contract business model as political and legal pressure on prediction markets grows.
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