SEC Publishes New Kalshi Security-Futures Filing as Perpetual Contracts Advance

TL;DR: The SEC published a November 6 notice on a KalshiEX rule change concerning listing standards for perpetual security-futures products. The filing takes effect under the exchange’s applicable self-regulatory process, with public comments invited; it should not be confused with approval of every future contract that a venue might want to list. Kalshi’s expansion into security futures is now producing a steady stream of regulatory filings, rather than only statements about what the market might become. On November 6, the Securities and Exchange Commission posted notice of another change to the exchange’s listing standards.