As a financial platform holding sensitive investment and identity data, inadequate security could expose users to financial fraud, identity theft, and account compromise.
Consumer impact
Webull collects a wide range of personal and financial data from users, which may be shared with affiliated companies, third-party service providers, advertisers, and government regulators. This broad data sharing β including for targeted advertising purposes β means your financial behavior and personal information could be used in ways beyond basic service delivery. You can opt out of certain data sharing for advertising or request deletion of your personal data by contacting Webull's privacy team or using the in-app settings where available.
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.
Regulates consumer financial products and services. Can investigate companies for unfair, deceptive, or abusive financial practices including improper fees, billing errors, and data misuse.
Who can file: Anyone who has used a consumer financial product or service in the US
What you need: Account number or details, dates of transactions or events, description of the issue, and any supporting documents
What to expect: The company must respond within 15 days. The CFPB forwards your complaint and may use it in enforcement actions. Individual compensation is possible in some cases.