Kalshi confirms CFTC probe into contract filings

POLITICO reports, citing a person with direct knowledge, that the CFTC warned Kalshi of potentially imminent charges over notification of new products. Kalshi confirmed the probe to CNBC, saying weather-related contracts were flagged. It calls the issue a procedural error involving a handful of contracts, many of which weren't live, and says it is addressing it. The CFTC chairman told CNBC the agency does not comment on investigations.