Webull uses security measures to protect your data but explicitly warns that it cannot guarantee your data will not be hacked or intercepted.
While Webull implements security measures, it explicitly disclaims any guarantee of security for your sensitive financial and personal data, meaning you bear the residual risk of a data breach affecting your SSN, bank accounts, and identity documents.
Cross-platform context
See how other platforms handle Security of Personal Information and similar clauses.
Compare across platforms →The disclaimer that security cannot be guaranteed is standard, but for a platform holding your SSN, bank accounts, and trading data, the practical consequence of a breach is severe — including identity theft and financial loss.
REGULATORY FRAMEWORK: Regulation S-P (17 CFR Part 248, Subpart A) requires broker-dealers to implement written information security programs (WISPs) with administrative, technical, and physical safeguards. The Gramm-Leach-Bliley Act Safeguards Rule (16 CFR Part 314, updated 2023) requires financial institutions to implement specific security controls including access controls, encryption, multi-factor authentication, and incident response plans. New York SHIELD Act (N.Y. Gen. Bus. Law §899-bb) and California's data security law (Cal. Civil Code §1798.81.5) impose reasonable security requirements. GDPR Art. 32 requires appropriate technical and organizational security measures. Enforcement authority: SEC, FINRA, FTC, State AGs.
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