The policy authorizes Webull to transfer user personal information to successor entities in the event of a bankruptcy, merger, acquisition, reorganization, or asset sale, and to share user information with corporate affiliates, including financial services affiliates, for service improvement purposes.
This analysis describes what Webull's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This provision establishes that user personal information may be transferred to new entities in corporate transactions without requiring separate user consent, subject to the policy continuing to apply. The authorization to share information with financial services affiliates for service improvement purposes is operationally significant for users who did not intend to share their data with affiliated broker-dealers or financial institutions.
⚠ Personal data may be shared with corporate affiliates and transferred to successor entities as described in the policy without requiring a separate user consent action
Cross-platform context
See how other platforms handle Business Transfer and Affiliate Information Sharing and similar clauses.
Compare across platforms →"In the event that we are involved in a bankruptcy, merger, acquisition, reorganization or sale of assets, your information may be sold or transferred as part of that transaction. This Policy will apply to your information as transferred to the new entity. We may also disclose information about you to our corporate affiliates, including our affiliates that provide financial services, in order to help provide, understand, and improve our Services and our affiliates' services.Excerpt from Webull's Privacy Policy
(1) REGULATORY LANDSCAPE: This provision engages GDPR Article 6 lawful basis requirements for data transfers in corporate transactions, CCPA disclosure obligations regarding data transfers in business sales, and financial services data sharing regulations applicable to …
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This provision establishes that user personal information may be transferred to new entities in corporate transactions without requiring separate user consent, subject to the policy continuing to apply. The authorization to share information with financial services affiliates for service improvement purposes is operationally significant for users who did not intend to share their data with affiliated broker-dealers or financial institutions.
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