SEC Publishes New Kalshi Security-Futures Filing as Perpetual Contracts Advance
Summary
The SEC published notice on November 6 of KalshiEX filing SR-KALSHIEX-2026-03, which changes listing standards for securities underlying perpetual security-futures contracts. The filing took effect through the applicable self-regulatory process, and the SEC invited public comments. The change aims to shorten the time needed to list contracts tied to certain newly public securities. It is a procedural step, not blanket approval of future products or an exemption from securities and futures rules. The filing highlights how perpetual-style derivatives are entering US regulated markets, while raising ongoing concerns around liquidity, price discovery, manipulation controls and product risks.
