The SEC published a November 6 notice of a KalshiEX rule change to listing standards for perpetual security-futures contracts. The change takes effect under the exchange’s applicable self-regulatory process, and the SEC has invited public comments. The notice does not approve every future contract Kalshi might seek to list.
The change concerns standards for the securities underlying those contracts. Kalshi is seeking to shorten the time needed to list products tied to certain newly public securities. Security futures can be subject to both SEC and CFTC rules, and individual contracts still raise trading, margin, disclosure and market-integrity considerations.
