Robert DeNault, head of enforcement at prediction market Kalshi, is leading a push to strengthen the platform’s disciplinary actions against trading violations, addressing a backlog of enforcement cases and planning to publish results soon. This crackdown follows skepticism over market integrity, highlighted by incidents like a $400,000 payout on the capture of Venezuelan President Nicolás Maduro, prompting lawmakers such as Rep. Ritchie Torres to call for stricter rules against insider trading. DeNault is professionalizing Kalshi’s enforcement processes, aiming to mirror traditional financial exchanges and clarify the distinction between legal information asymmetry and illegal activity. Kalshi’s rules especially prohibit “source agency” trading—when individuals involved in a market’s outcome bet on related events—even if no profit was gained. DeNault emphasizes that breaches of confidentiality, such as rehearsal staff using insider knowledge about Super Bowl performances for trades, are clear violations. While some argue insider trading improves prediction accuracy, DeNault and Kalshi CEO Tarek Mansour insist it undermines trust and liquidity. Kalshi’s surveillance system has already conducted over 200 investigations, with several cases referred to authorities, as regulators like the CFTC face resource constraints.