Important legal and financial notices — including changes to your account terms or required regulatory disclosures — will only be sent electronically, so you must monitor your email and the app regularly.
Consumer impact
Webull's Terms of Service significantly affect consumers by requiring all disputes to be resolved through binding arbitration and waiving the right to participate in class action lawsuits, limiting users' legal recourse if Webull makes errors affecting their investments. Webull disclaims liability for trading losses, data inaccuracies, and platform outages, placing financial risk squarely on users. You can opt out of the arbitration clause by sending a written notice to Webull within 30 days of first agreeing to the Terms, as specified in the dispute resolution section.
Applicable agencies
Securities And Exchange Commission (sec)
Regulates securities markets and investment platforms. Can investigate broker-dealers, investment advisers, and trading platforms for violations of securities laws.
Who can file: Anyone with knowledge of a possible securities law violation
What you need: Description of the potential violation, names of individuals or companies involved, relevant dates, and any supporting documents or evidence
What to expect: Tips are reviewed by SEC staff. The SEC may open an investigation but is not required to take action on every tip. Whistleblowers may be eligible for financial awards if the tip leads to enforcement.