CA-C-000661
Webull — Webull Privacy Policy
Entity
Date detected
April 25, 2026
Effective date
April 25, 2026
Severity
Medium
Direction
Neutral
Affected users
us users futures traders
Taxonomy
Vendor disclosure shift
Changes
3 sentences modified
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What Changed

Webull updated its privacy policy on April 25, 2026 to reflect that futures and cleared swaps trading is now offered through a new entity called Webull Futures LLC, replacing the previous reference to Webull Financial LLC for these services. The policy now also explicitly includes 'cleared swaps' alongside futures in its risk warnings and disclosure references. This means customers trading futures or cleared swaps products should be aware of the updated entity name and the expanded scope of risk disclosures that now cover cleared swaps products.

Consumer Impact (what this means for users)

Webull has restructured which legal entity handles futures and cleared swaps trading, moving it from Webull Financial LLC to the newly named Webull Futures LLC. Additionally, 'cleared swaps' are now explicitly covered under the risk warnings and disclosure links, meaning customers trading these products have clearer notice of the associated risks. You can review the updated risk disclosures at www.webull.com/fcm-disclosures to understand how these changes affect your futures or cleared swaps trading account.

Obligation Changes (what shifted)

1
Expanded
Consumers Expanded

If you trade futures or cleared swaps on Webull, the company now requires you to read disclosures that cover both product types, not just futures.

Vendors Shifted

Any business or partner that references Webull's futures trading entity in contracts or customer documents needs to update the entity name to Webull Futures LLC.

Applicable regulations

CCPA/CPRA
California, USA
CFAA
United States Federal
CAN-SPAM
United States Federal
FCRA
United States Federal
GLBA
United States Federal

Why It Matters (compliance & risk perspective)

Customers trading futures or cleared swaps on Webull are now dealing with a different named legal entity (Webull Futures LLC), which affects counterparty identification in account agreements and regulatory protections. The expanded inclusion of cleared swaps in risk disclosures also signals that Webull is formally extending its FCM services to cover this additional product category.

📈 Historical Context

This is the 2nd significant Vendor Disclosure Shift change Webull has made since ConductAtlas began monitoring.

Across all monitored documents, Webull has made 2 significant changes.

Key Clauses Affected

FCM Entity Identification

Futures and cleared swaps trading is now attributed to Webull Futures LLC instead of Webull Financial LLC as the CFTC-registered Futures Commission Merchant.

Cleared Swaps Risk Disclosure

Cleared swaps are now explicitly included alongside futures in the risk warning, broadening the scope of the mandatory risk disclosure.

Futures Disclosures Link Scope

The disclosure link at webull.com/fcm-disclosures now covers both futures and cleared swaps products, not futures alone.

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Evidence Verification

✓ Verified
Previous Version
e9152b50719fb353122a14857baee2c61cbe32a899d2b36fd99710b4f3eff24e
April 18, 2026 07:47 UTC
✓ Verified
Current Version
89db5a17523268f3d439b4c261b62b4651503327d2d1d69afb2852815bb010ec
April 25, 2026 06:05 UTC
✓ Verified
Change Detected
April 25, 2026 06:05 UTC
How to Cite
ConductAtlas Policy Archive
Entity: Webull | Document: Webull Privacy Policy | Record: CA-C-000661
Captured: 2026-04-25 06:05:06 UTC
URL: https://conductatlas.com/change/2026-04-25-webull-webull-privacy-policy-661/
Accessed: May 2, 2026

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Institutional Analysis (Compliance & legal intelligence)

Assessment

Webull has reassigned futures and cleared swaps trading from Webull Financial LLC to Webull Futures LLC as the CFTC-registered Futures Commission Merchant, and has expanded risk disclosures to explicitly cover cleared swaps. This touches CFTC registration and NFA membership disclosures, and requires compliance teams to verify that updated entity information is reflected in any vendor agreements, customer-facing disclosures, and regulatory filings. Action required: confirm counterparty entity details in any agreements referencing Webull's FCM, and update internal vendor records accordingly.

Regulatory Exposure

1. CFTC Regulation 1.55 — FCM disclosure requirements: the change in named FCM entity (Webull Futures LLC) must be accurately reflected in all required disclosure documents.

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ConductAtlas provides verified policy intelligence sourced directly from platform documents. All analysis is intended to support, not replace, legal and compliance review. Record CA-C-000661.

Full Changes

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Document Context

Document
Webull Privacy Policy
Entity
Webull
Captured
April 25, 2026
Source URL
https://www.webull.com/protocol/webull_privacy_policy
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